MSTGOLF Annual Report 2024

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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