|
|
|
|
Group |
Group |
|
2014 |
2013 |
|
RM |
RM |
| Continuing operation |
|
|
| Revenue |
21,600,103 |
8,560,273 |
| Other operating income |
863,980 |
44,402 |
| Advertising expenses |
(65,400) |
(74,250) |
| Contract and outsourcing cost |
(235,279) |
(291,600) |
| Depreciation of property & equipment |
(221,553) |
(122,921) |
| Rental of office and equipment |
(172,097) |
(179,647) |
| Staff costs |
(6,692,346) |
(1,899,086) |
| Telecommunication expenses |
(43,001) |
(53,375) |
| Travelling expenses |
(90,956) |
(57,246) |
| Other operating expenses |
(3,406,249) |
(2,090,601) |
|
 |
|
| Results from operating activities |
11,537,202 |
3,835,949 |
| Interest income |
5,924,017 |
121,085 |
| Finance costs |
(108) |
(2,679) |
| Loss on changes on interest in associates |
- |
(1,678,516) |
Gain/(Loss) on financial assets classified
as fair value through profit or loss |
94,464 |
(860,148) |
| Gain on disposal of quoted investments |
2,372,343 |
- |
| Impairment loss on other investments |
(2,795,280) |
- |
| Amounts due from a joint venture written-off |
(4,174,145) |
- |
Share of profit of equity accounted associates
net of tax |
7,937,586 |
6,302,362 |
Share of loss of a joint venture,
net of tax |
- |
(70,176) |
|
|
|
| Profit before tax |
20,896,079 |
7,647,877 |
| Tax expense |
(2,451,581) |
(409,376) |
|
|
|
| Profit from continuing operations |
18,444,498 |
7,238,501 |
| |
| Discontinued operations |
|
|
| Profit from discontinued operation, net of tax |
1,935,301,737 |
58,743,959 |
|
|
|
| Profit for the year |
1,953,746,235 |
65,982,460 |
| |
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
1,950,533,665 |
61,415,450 |
| Non-controlling interests |
3,212,570 |
4,567,010 |
|
|
|
| Profit for the year |
1,953,746,235 |
65,982,460 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
|
|
| from continuing operations |
2.76 |
1.14 |
| from discontinued operations |
286.79 |
8.57 |
|
|
|
|
289.55 |
9.71 |
|
|
|
| |
|
|
| Diluted earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
|
|
| from continuing operations |
2.76 |
1.13 |
| from discontinued operations |
286.79 |
8.42 |
|
|
|
|
289.55 |
9.55 |
|
|
|
|
|
|
|
Group |
Group |
|
2014 |
2013 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
14,773,100 |
14,747,516 |
| Investments in associates |
94,541,629 |
91,285,688 |
| Investments in a joint venture |
- |
- |
| Other investments |
51,463,308 |
55,995,659 |
| Deferred tax assets |
- |
- |
|
|
|
| Total non-current assets |
160,778,037 |
162,028,863 |
|
|
|
| |
|
|
| Other investments |
2,103,228 |
12,124,811 |
| Curent tax assets |
- |
- |
| Trade and other receivables |
1,243,722 |
1,131,263 |
| Prepayments and other assets |
260,571 |
258,991 |
| Cash and cash equivalents |
135,932,869 |
3,648,245 |
|
|
|
| |
139,540,390 |
17,163,310 |
| Assets classified as held for sale |
- |
136,015,570 |
|
|
|
| Total current assets |
139,540,390 |
153,178,880 |
|
|
|
| Total assets |
300,318,427 |
315,207,743 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
70,795,380 |
63,512,486 |
| Reserves |
204,840,541 |
185,839,998 |
|
|
|
| Total equity attributable to owners of the Company |
275,635,921 |
249,352,484 |
| Non-controlling interests |
144,133 |
2,370,821 |
|
|
|
| Total equity |
275,780,054 |
251,723,305 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Loan and borrowing |
- |
43,945 |
| Deferred income |
161,524 |
206,417 |
| Trade and other payables |
24,150,593 |
863,464 |
| Current tax payables |
226,256 |
6,134 |
|
|
|
|
24,538,373 |
1,119,960 |
| Liabilities classified as held for sale |
- |
62,364,478 |
|
|
|
| Total current liabilities |
24,538,373 |
63,484,438 |
| Total liabilities |
24,538,373 |
63,484,438 |
|
|
|
| Total equity and liabilities |
300,318,427 |
315,207,743 |
|
|
|
|
|
|
|
Group |
Group |
|
2014 |
2013 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
|
|
| - continuing operations |
20,896,079 |
7,647,877 |
| - discontinued operations |
1,956,914,363 |
77,178,659 |
|
|
|
|
1,977,810,442 |
84,826,536 |
| |
| Adjustments for: |
|
|
| Depreciation of property and equipment |
2,751,958 |
2,770,873 |
| Property and equipment written off |
1,217 |
4,124 |
| Gain on disposal of property and equipment |
(49,515) |
(2,058) |
| Share-based payments |
193,355 |
541,021 |
| Share of loss after tax of joint venture |
- |
70,176 |
Share of profit after tax of
equity accounted associates |
(7,937,586) |
(6,302,362) |
| Dividend income |
(19,232,514) |
(4,616,310) |
| Interest income |
(6,929,693) |
(1,256,567) |
| Finance costs |
49,180 |
2,679 |
| Investment distribution income |
(195,280) |
(838,135) |
| Amounts due from a joint venture written off |
4,174,145 |
- |
| Loss/(Gain) on changes of interest in an associate |
- |
1,678,516 |
| Gain on disposal of investments in quoted shares |
(2,372,343) |
- |
| Gain on disposal of subsidiaries, net of transaction costs |
(1,881,219,530) |
- |
| Loss/(Gain) on financial assets classified as fair value through profit or loss |
28,702 |
1,054,192 |
| Impairment loss on other investments |
2,795,280 |
- |
| Unrealised foreign exchange gain |
(755,148) |
(84,375) |
|
|
|
| Operating profit before working capital changes |
69,112,670 |
77,848,310 |
| Changes in trade and other receivables |
5,545,151 |
(5,897,551) |
| Changes in prepayments and other assets |
(238,410) |
(580,222) |
| Changes in deferred income |
9,284,520 |
5,583,125 |
| Changes in trade and other payables |
2,160,568 |
2,930,627 |
|
|
|
| Cash generated from operations |
85,864,499 |
79,884,289 |
| Income tax paid |
(23,816,181) |
(18,189,480) |
| Interest received |
6,929,693 |
1,256,567 |
| Finance costs paid |
(49,180) |
(2,679) |
|
|
|
| Net cash generated from operating activities |
68,928,831 |
62,948,697 |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Investment distribution income received |
195,280 |
838,135 |
| Issuance of shares to non-controlling interests |
- |
576,862 |
| Acquisition of other investments |
(2,764,374) |
(13,703,333) |
| Acquisition of property and equipment |
(1,329,244) |
(3,880,072) |
| Acquisition of intellectual property |
(11) |
- |
| Acquisition of a subsidiary, net of cash acquired |
230,982 |
- |
| Acquisition of treasury shares |
(19,383,590) |
(1,139,646) |
| Proceeds from disposal of property and equipment |
60,662 |
2,058 |
| Proceeds from disposal of investments in quoted shares |
16,204,988 |
- |
| Proceeds from disposal of other investments |
37,493,505 |
- |
| Disposal of subsidiaries, net cash outflow |
1,851,737,665 |
- |
| Dividends received from an associate |
4,862,658 |
3,820,692 |
| Dividends received from other investments |
4,410,927 |
4,616,310 |
|
|
|
| Net cash used in investing activities |
1,891,719,448 |
(8,868,994) |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(1,907,864,790) |
(47,502,045) |
| Dividends paid to non-controlling interests |
(2,365,407) |
(5,231,000) |
| Proceeds from issuance of shares pursuant to the
Employee Share Option Scheme |
11,199,618 |
3,115,220 |
| Repayment of borrowings |
(40,996) |
(130,333) |
|
|
|
| Net cash used in financing activities |
(1,899,071,575) |
(49,748,158) |
|
|
|
| |
|
|
| Net increase in cash and cash equivalents |
61,576,704 |
4,331,545 |
| |
|
|
| Cash and cash equivalents at beginning of the year |
74,787,514 |
71,859,885 |
| |
|
|
| Effects of exchange rate fluctuations on cash held |
(431,349) |
(1,403,916) |
|
|
|
| Cash and cash equivalents at end of year |
135,932,869 |
74,787,514 |
|
|
|
| |
|
|
| Cash and cash equivalents comprise: |
|
|
| Deposits with licensed banks |
25,674,074 |
46,223,385 |
| Cash and bank balances |
110,258,795 |
28,564,129 |
|
|
|
|
135,932,869 |
74,787,514 |
|
|
|
|
