|
|
|
|
Group |
Group |
|
2018 |
2017 |
|
RM |
RM |
| Continuing operation |
|
|
| Revenue |
8,530,267 |
9,895,392 |
| Other operating income |
5,857 |
14,851 |
| Contract and outsourcing cost |
(719,971) |
(668,561) |
| Depreciation of property & equipment |
(109,476) |
(110,146) |
| Rental of office and equipment |
(94,499) |
(120,069) |
| Staff costs |
(2,680,219) |
(4,204,677) |
| Other operating expenses |
(1,864,854) |
(6,030,276) |
|
 |
|
| Results from operating activities |
3,067,105 |
(1,223,486) |
| Interest income |
37 |
7,474 |
Loss on financial assets
classified as fair value
through profit or loss |
(164,351) |
(412,175) |
| Gain/(loss) on accretion/(dilution) of interest in an associate |
56,767 |
52,180 |
Loss on changes in fair value of
investment properties |
(500,000) |
(300,000) |
Gain on disposal of investments
in quoted shares |
- |
138,322 |
Share of profit of equity
accounted associates, net of tax |
8,979,804 |
10,579,288 |
|
|
|
| Profit before tax |
11,439,362 |
8,841,603 |
| Tax expense |
(1,485,158) |
(1,976,950) |
|
|
|
| Profit for the year |
9,954,204 |
6,864,653 |
|
|
|
| |
|
|
| Profit for the year |
9,954,204 |
6,864,653 |
Other comprehensive income,
net of tax |
|
|
Items that will not be
reclassified subsequently
to profit or loss |
|
|
Net change in fair value of
equity investments
designated at fair value
through other comprehensive
income |
|
|
| - Loss on price change |
(7,121,118) |
- |
| - Gain on exchange differences |
901,126 |
- |
Items that are or may be
reclassified subsequently to
profit or loss |
|
|
Foreign currency translation
differences for foreign operations |
(1,041,486) |
(1,923,605) |
Fair value of available-for-sale
financial assets |
|
|
| - Gain on price change |
- |
7,477,917 |
| - (Loss)/Gain on exchange differences |
- |
(4,790,693) |
Share of (loss)/gain of equity
accounted associates |
41,378 |
(418,314) |
|
|
|
Total other comprehensive
(expense)/income for the year net of tax |
(7,220,100) |
345,305 |
|
|
|
Total comprehensive income for
the year |
2,734,104 |
7,209,958 |
|
|
|
| |
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
9,895,431 |
6,816,696 |
| Non-controlling interests |
58,773 |
47,957 |
|
|
|
| Profit for the year |
9,954,204 |
6,864,653 |
|
|
|
| |
|
|
Total comprehensive income
attributable to: |
|
|
| Owners of the Company |
2,671,149 |
7,166,467 |
| Non-controlling interests |
62,955 |
43,491 |
|
|
|
Total comprehensive income
for the year |
2,734,104 |
7,209,958 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
7.13 |
4.88 |
|
|
|
|
|
|
|
Group |
Group |
|
2018 |
2017 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
299,906 |
286,153 |
| Investment Properties |
19,388,000 |
19,888,000 |
| Investments in associates |
119,970,189 |
121,823,632 |
| Other investments |
54,161,360 |
59,191,137 |
|
|
|
| Total non-current assets |
193,819,455 |
201,188,922 |
|
|
|
| |
|
|
| Other investments |
64,191,174 |
48,580,485 |
| Trade and other receivables |
885,640 |
1,262,877 |
| Prepayments and other assets |
198,000 |
123,017 |
Deposits with licensed banks
with original maturities
more than three months |
46,866,265 |
44,110,400 |
| Cash and cash equivalents |
24,161,435 |
41,774,591 |
|
|
|
| Total current assets |
136,302,514 |
135,851,370 |
|
|
|
| Total assets |
330,121,969 |
337,040,292 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
196,619,727 |
196,619,727 |
| Reserves |
131,965,752 |
138,420,914 |
|
|
|
| Total equity attributable to owners of the Company |
328,585,479 |
335,040,641 |
| Non-controlling interests |
127,965 |
65,010 |
|
|
|
| Total equity |
328,713,444 |
335,105,651 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Deferred tax liabilities |
50,509 |
49,239 |
|
|
|
| Total non-current liabilities |
50,509 |
49,239 |
|
|
|
| |
|
|
| Other payables |
1,342,075 |
1,823,030 |
| Current tax payables |
15,941 |
62,372 |
|
|
|
| Total current liabilities |
1,358,016 |
1,885,402 |
|
|
|
| Total liabilities |
1,408,525 |
1,934,641 |
|
|
|
| Total equity and liabilities |
330,121,969 |
337,040,292 |
|
|
|
|
|
|
|
Group |
Group |
|
2018 |
2017 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
11,439,362 |
8,841,603 |
| |
| Adjustments for: |
|
|
Changes in fair value of
investment properties |
500,000 |
300,000 |
Depreciation of property and
equipment |
109,476 |
110,146 |
Share of profit after tax of
equity-accounted associates |
(8,979,804) |
(10,579,288) |
| Dividend income |
(3,202,188) |
(3,308,018) |
| Interest income |
(2,131,784) |
(1,175,311) |
| Investment distribution income |
(1,976,949) |
(2,701,947) |
Gain on disposal of investments
in quoted shares |
- |
(138,322) |
Loss on financial assets classified
as fair value through profit or loss |
164,351 |
412,175 |
Gain on changes of interest
in associates |
(56,767) |
(52,180) |
Unrealised foreign exchange
(gain)/loss |
(408,613) |
3,814,224 |
|
|
|
| Operating loss before working capital changes |
(4,542,916) |
(4,476,918) |
| Changes in trade and other receivables |
76,505 |
240,452 |
| Changes in prepayments and other assets |
(74,415) |
(5,789) |
| Changes in other payables |
(331,876) |
(230,900) |
|
|
|
| Cash used in operations |
(4,872,702) |
(4,473,155) |
| Income tax paid |
(1,530,916) |
(1,778,329) |
| Interest received |
2,423,871 |
488,144 |
|
|
|
| Net cash used in operating activities |
(3,979,747) |
(5,763,340) |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Acquisition of other investments |
(102,338,575) |
(7,411,960) |
| Acquisition of property and equipment |
(123,144) |
(20,253) |
| Acquisition of treasury shares |
(3,182,261) |
(360,983) |
| Dividends received from an associate |
9,764,252 |
11,665,784 |
Dividends received from other
other investments |
3,202,188 |
3,308,018 |
Investment distribution income
received |
1,976,949 |
2,701,947 |
Net change in deposits with
licensed banks with original
maturities more than 3 months |
(2,755,865) |
(10,928,800) |
Proceeds from disposal of
other investments |
85,701,002 |
52,212,489 |
|
|
|
| Net cash from/(used in) investing activities |
(7,755,454) |
51,166,242 |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(6,267,713) |
(2,797,362) |
|
|
|
| Net cash used in financing activities |
(6,267,713) |
(2,797,362) |
|
|
|
| Net (decrease)/increase in cash and cash equivalents |
(18,002,914) |
42,605,540 |
| Cash and cash equivalents at beginning of the year |
41,774,591 |
3,195,529 |
| Effects of exchange rate fluctuations on cash held |
389,758 |
(4,026,478) |
|
|
|
| Cash and cash equivalents at end of year |
24,161,435 |
41,774,591 |
|
|
|
| |
|
|
| Cash and cash equivalents |
|
|
| Cash and cash equivalents included in the statements of cash flows comprise the following statements of financial position amounts: |
| Deposits with licensed banks |
20,077,575 |
32,027,775 |
| Cash and bank balances |
4,083,860 |
9,746,816 |
|
|
|
|
24,161,435 |
41,774,591 |
|
|
|
|
