MKH Annual Report 2017

The Company successfully completed the rights with bonus issue which was oversubscribed by 29.8% following the listing of and quotation for 42,625,187 rights shares and 85,250,374 bonus shares on 1 June 2017. The warrants 2012/2017 issued by the Company which has expired on 29 December 2017 registered a 96.5% conversion rate and the total amount received from the conversion of 39,521,782 warrants was approximately RM63.8 million. For FY2017, an interim single-tier dividend of 5.0 sen per ordinary share amounting to approximately RM29.3 million was declared on 28 November 2017 and paid on 11 January 2018. This represents a distribution of 22.8% of the Group’s net profit attributable to shareholders. On behalf of the Board of Directors ("the Board"), I would like to express our sincerest appreciation and thanks to our valued shareholders, customers, business associates and regulatory authorities for their continued support towards the Group. I would also like to extend my heartfelt gratitude to my Board members, management team and over 4,000 employees for their commitment and teamwork towards the Group's success. I am confident that MKH will continue to prosper and look forward to a fruitful year in 2018 with the continued support from all of our stakeholders. Tan Sri Dato’ Alex Chen Kooi Chiew Executive Chairman SUSTAINABLE earnings We remain confident in our progress forward with visibility to create sustainable businesses 17 MKH Berhad • Annual Report 2017 Chairman’s Statement Entrance landmark of Kajang 2 Precinct 2 PT MKH is consecutively recognised by The Governor of East Kalimantan, Indonesia for good management of its oil palm estate Artist’s Impression