MSTGOLF Annual Report 2024

SECTION 4: FINANCIAL PERFORMANCE 130 DIRECTORS’ REPORT The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2024. PRINCIPAL ACTIVITIES The principal activity of the Company is to carry on the business as investment holding company. The principal activities of its subsidiaries are disclosed in Note 6 to the financial statements. There have been no significant changes in the nature of the Company and its subsidiaries’ activities during the financial year. FINANCIAL RESULTS Group Company RM’000 RM’000 Profit for the financial year 4,815 8,351 Profit/(loss) for the financial year attributable to:- Owners of the Company 5,924 8,351 Non-controlling interests (1,109) - 4,815 8,351 DIVIDENDS The dividends paid or declared by the Company since the end of previous financial year were as follows:- In respect of the financial year ended 31 December 2023 RM’000 Single tier interim dividend of RM0.005 per ordinary share declared on 22 November 2023, totalling RM4,104,000 in respect of the financial year ended 31 December 2023, paid on 10 January 2024. 4,104 Second tier interim dividend of RM0.005 per ordinary share declared on 26 February 2024, totalling RM4,104,000 in respect of the financial year ended 31 December 2023, paid on 8 April 2024. 4,104 In respect of the financial year ended 31 December 2024 RM’000 Single tier interim dividend of RM0.0025 per ordinary share declared on 28 November 2024, totalling RM2,053,000 in respect of the financial year ended 31 December 2024, paid on 30 December 2024. 2,053 The Directors do not recommend the payment of any final dividend for the current financial year.

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