147 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 Attributable to owners of the Company Non-distributable Distributable Foreign Non- Share exchange Retained controlling Note capital reserve earnings Sub-total interests Total RM ‘000 RM ‘000 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Group Balance at 1 January 2023 39,836 3,126 52,654 95,616 - 95,616 Total comprehensive income for the financial year Profit for the financial year - - 17,631 17,631 (257) 17,374 Other comprehensive income for the financial year - 2,311 - 2,311 (373) 1,938 - 2,311 17,631 19,942 (630) 19,312 Transactions with owners:- Acquisition of additional equity interest of existing subsidiaries - - - - 18,691 18,691 Issuance of ordinary shares pursuant to Initial Public Offering 129,600 - - 129,600 - 129,600 Share issuance expenses (3,534) - - (3,534) - (3,534) Dividends 29 - - (4,104) (4,104) - (4,104) 126,066 - (4,104) 121,962 18,691 140,653 Balance at 31 December 2023 165,902 5,437 66,181 237,520 18,061 255,581 The accompanying notes form an integral part of the financial statements.
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