149 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD The accompanying notes form an integral part of the financial statements. Non- distributable Distributable Share Retained Note capital earnings Total RM ‘000 RM ‘000 RM ‘000 Company Balance at 1 January 2023 39,836 5,224 45,060 Total comprehensive income for the financial year - 16,267 16,267 Transactions with owners:- Issuance of ordinary shares pursuant to the Initial Public Offering 129,600 - 129,600 Share issuance expenses (3,534) - (3,534) Dividend payable 29 - (4,104) (4,104) Balance at 31 December 2023 165,902 17,387 183,289 Total comprehensive income for the financial year - 8,351 8,351 Transactions with owners:- Dividend paid 29 - (6,157) (6,157) Balance at 31 December 2024 165,902 19,581 185,483
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