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financiAL STATEMENTs

Annual Report 2017

123

NOTES TO THE FINANCIAL STATEMENTS

10. DIVIDENDS (Cont’d.)

The directors recommend the payment of a single-tier final dividend and special dividend of 7.5 sen and 5.0 sen per share

respectively on 241,151,830 ordinary shares, amounting to a total of RM30,144,000, which subject to the shareholders’ approval

at the forthcoming Annual General Meeting will be paid on a date to be determined. The financial statements for the current

financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in

shareholders’ equity as an appropriation of retained earnings in the next financial year ending 31 March 2018.

11. EARNINGS PER SHARE ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY

(a) Basic

Basic earnings per share is calculated by dividing profit for the year, net of tax, attributable to owners of the parent by

the weighted average number of ordinary shares in issue during the financial year, excluding treasury shares held by the

Company.

Group

2017

2016

Consolidated profit attributable to equity holders of the Company (RM’000)

37,715

51,282

Weighted average number of ordinary shares in issue (’000)

Issued ordinary shares at 1 January

241,178

241,404

Basic earnings per share for the year (sen)

15.64

21.24

(b) Diluted

Diluted earnings per share is the same as basic earnings per share as the Company has no potentially dilutive shares in issue.