169 ANNUAL REPORT 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (cont’d) 28. DIVIDENDS The Group The Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 (a) Ordinary Shares In respect of the financial year ended 31 December 2022 - 5,010 - 5,010 In respect of the financial year ended 31 December 2023 15,031 - 15,031 - In respect of the financial year ended 31 December 2024 64,211 - 64,211 - 79,242 5,010 79,242 5,010 (b) CRCPS In respect of the financial year ended 31 December 2023 - 50 - - In respect of the financial year ended 31 December 2024 33 - - - 33 50 - - 79,275 5,060 79,242 5,010 On 25 February 2025, the Company declared a fourth interim dividend of 3 sen per ordinary share amounted to RM24,132,939 in respect of the financial year ended 31 December 2024, paid on 28 March 2025. Save for the following banking restrictive covenants which the following subsidiary are subject to, there are no legal, financial or economic restriction on the ability of the subsidiaries to transfer funds to the Company in the form of cash dividends, loans or advances as at the end of the reporting period: (i) Prior written consents from certain financial institutions for Keyfield Offshore to declare dividends to the Company. There is no debt covenant ratio which the Company or its subsidiaries needs to adhere to prior to declaring any dividends.
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