ENRA Group Berhad Annual Report 2019

57 ENRA GROUP BERHAD ∞ Annual Report 2019 page Directors’ Report The Directors hereby submit their report and the audited financial statements of the Group and of the Company for the financial year ended 31 March 2019. PRINCIPAL ACTIVITIES The Company is principally engaged in property investment, investment holding, management services activities and sale of completed properties. The principal activities and details of the subsidiaries are disclosed in Note 7 to the financial statements. There have been no significant changes in the nature of these activities during the financial year except for those disclosed in Note 7 to the financial statements. RESULTS Group RM’000 Company RM’000 (Loss)/Profit for the financial year from: - continuing operations (26,317) 26,976 - discontinued operations (479) (468) (26,796) 26,508 Attributable to: Equity holders of the Company (24,613) 26,508 Non-controlling interests (2,183) - (26,796) 26,508 DIVIDEND On 30 May 2018, the Board of Directors declared a first interim single tier dividend of 4.5 sen per share in respect of financial year ended 31 March 2018 amounting to RM6,071,000. The dividend was paid on 6 August 2018. On 23 April 2019, the Board of Directors has declared a first interim single tier dividend of 3.0 sen per share in respect of financial year ended 31 March 2019 amounting to RM4,050,000 which is recognised in financial year ended 31 March 2020. The dividend was paid on 17 May 2019. The Board of Directors does not recommend the payment of any final dividend in respect of the financial year ended 31 March 2019. RESERVES AND PROVISIONS There were no material transfers to or from reserves or provisions during the financial year. ISSUE OF SHARES AND DEBENTURES The Company did not issue any new shares or debentures during the financial year.