42
JAYA TIASA HOLDINGS BERHAD
directors’
report
The directors have pleasure in presenting their report together with the audited financial statements of the Group and of
the Company for the financial year ended 30 June 2015.
Principal activities
The principal activities of the Company are investment holding, provision of management services, extraction and sale of logs.
The principal activities of the subsidiaries extend to the development of oil palm plantations and its related activities. Details
of principal activities of subsidiaries are set out in Note 18 to the financial statements.
There have been no significant changes in the nature of the principal activities of the Group and of the Company during
the financial year.
Results
Group
Company
RM’000
RM’000
Profit net of tax
34,445
22,242
Profit attributable to:
Owners of the parent
31,635
22,242
Non-controlling interests
2,810
–
34,445
22,242
There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the
financial statements.
In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year
were not substantially affected by any item, transaction or event of a material and unusual nature.
Dividends
The amounts of dividends paid/distributed by the Company since 30 June 2014 were as follows:
In respect of the financial year ended 30 June 2014 as reported in the directors’ report of that year:
RM’000
First and final single-tier dividend of 1.5 sen per ordinary share
on 967,994,797 ordinary shares, declared on 27 August 2014
and paid on 17 December 2014
14,520
At the forthcoming Annual General Meeting, a first and final single-tier dividend in respect of the financial year ended 30
June 2015 of 1 sen on 967,993,797 ordinary shares in issue (net of treasury shares) at book closure date amounting to a
dividend payable of RM9,679,938 will be proposed for shareholders’ approval. 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 equity as an appropriation of retained earnings in the financial year ending 30 June 2016.
