166 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 activities of the Company are engaged in the businesses of development and implementation of the electronic government services project and the provision of other related services for the electronic government services project and the provision of information technology solutions and services and investment holding. The principal activities of its subsidiaries are disclosed in Note 7 to the financial statements. FINANCIAL RESULTS Group Company RM’000 RM’000 Profit for the financial year 708,050 226,877 Attributable to: Owners of the Company 707,690 226,877 Non-controlling interests 360 - 708,050 226,877 RESERVES AND PROVISIONS There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. DIVIDENDS Since the end of the last financial year, the Company paid: RM’000 A final single-tier dividend of 1.68 sen per ordinary share in respect of the financial year ended 31 December 2023, declared on 16 August 2024 and paid on 24 September 2024 125,312 A first interim single-tier dividend of 0.25 sen per ordinary share in respect of the financial year ended 31 December 2024, declared on 20 August 2024 and paid on 18 November 2024 18,826 144,138 On 18 February 2025, the Directors recommended the payment of a final single-tier dividend of 2.49 sen per ordinary share in respect of the current financial year, subject to the approval of the shareholders at the forthcoming Annual General Meeting. ISSUE OF SHARES AND DEBENTURES During the financial year, the Company increased its issued and paid-up share capital from RM962,017,321 to RM1,024,711,696 by issuance of 71,347,188 new ordinary shares from the exercise of Dividend Reinvestment Plan (“DRP”) at an exercise price of RM0.88 per share amounting to RM62,694,375 (net of transaction cost). The new ordinary shares issued during the financial year shall rank pari passu in all respects with the existing ordinary shares of the Company. There was no issuance of debentures during the financial year.
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