|
|
|
|
Group |
Group |
|
2016 |
2015 |
|
RM |
RM |
| Continuing operation |
|
|
| Revenue |
7,842,864 |
6,619,085 |
| Other operating income |
2,448,797 |
3,520,623 |
| Contract and outsourcing cost |
(808,875) |
(116,822) |
| Depreciation of property & equipment |
(132,663) |
(271,238) |
| Rental of office and equipment |
(162,969) |
(176,204) |
| Staff costs |
(4,824,581) |
(4,995,858) |
| Telecommunication expenses |
(26,301) |
(36,059) |
| Travelling expenses |
(167,872) |
(147,112) |
| Other operating expenses |
(2,348,211) |
(3,774,414) |
|
 |
|
| Results from operating activities |
1,820,189 |
622,001 |
| Interest income |
1,401,335 |
3,228,348 |
(Loss)/Gain on financial assets classified as fair value
through profit or loss |
(1,776,857) |
420,776 |
| Gain on disposal of investments in quoted shares |
- |
12,461,609 |
Share of profit of equity accounted associates
net of tax |
12,686,117 |
10,203,045 |
|
|
|
| Profit before tax |
13,345,175 |
26,935,779 |
| Tax expense |
(1,930,477) |
(1,558,513) |
|
|
|
| Profit for the year |
11,414,698 |
25,377,266 |
|
|
|
| |
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
11,351,763 |
25,570,546 |
| Non-controlling interests |
62,935 |
(193,280) |
|
|
|
| Profit for the year |
11,414,698 |
25,377,266 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
8.12 |
18.27 |
|
|
|
|
|
|
|
Group |
Group |
|
2016 |
2015 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
376,152 |
434,178 |
| Investment Properties |
20,188,000 |
20,188,000 |
| Investments in subsidiaries |
|
|
| Investments in associates |
125,164,838 |
113,855,799 |
| Investments in a joint venture |
- |
- |
| Other investments |
55,800,029 |
47,120,434 |
|
|
|
| Total non-current assets |
201,529,019 |
181,598,411 |
|
|
|
| |
|
|
| Other investments |
94,379,859 |
22,748,338 |
| Curent tax assets |
179,745 |
459,750 |
| Trade and other receivables |
838,413 |
797,518 |
| Prepayments and other assets |
118,887 |
103,683 |
| Cash and cash equivalents |
36,377,129 |
101,629,445 |
|
|
|
| Total current assets |
131,894,033 |
125,738,734 |
|
|
|
| Total assets |
333,423,052 |
307,337,145 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
70,000,000 |
70,000,000 |
| Reserves |
261,032,519 |
234,738,895 |
|
|
|
| Total equity attributable to owners of the Company |
331,032,519 |
304,738,895 |
| Non-controlling interests |
21,519 |
(38,179) |
|
|
|
| Total equity |
331,054,038 |
304,700,716 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Deferred tax liabilities |
87,220 |
147,500 |
|
|
|
| Total non-current liabilities |
87,220 |
147,500 |
|
|
|
| |
|
|
| Loan and borrowing |
160,845 |
107,578 |
| Deferred income |
- |
94,000 |
| Trade and other payables |
2,114,019 |
2,280,925 |
| Current tax payables |
6,930 |
6,426 |
|
|
|
| Total current liabilities |
2,281,794 |
2,488,929 |
|
|
|
| Total liabilities |
2,369,014 |
2,636,429 |
|
|
|
| Total equity and liabilities |
333,423,052 |
307,337,145 |
|
|
|
|
|
|
|
Group |
Group |
|
2016 |
2015 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
|
|
| - continuing operations |
13,345,175 |
26,935,779 |
| |
| Adjustments for: |
|
|
| Depreciation of property and equipment |
132,663 |
271,238 |
| Property and equipment written off |
- |
1,238 |
| Gain on disposal of property and equipment |
- |
(100) |
| Share of profit after tax of equity accounted associates |
(12,686,117) |
(10,203,045) |
| Dividend income |
(1,964,756) |
(2,337,118) |
| Interest income |
(1,401,335) |
(3,228,348) |
| Investment distribution income |
(2,208,447) |
(607,110) |
| Gain on disposal of investments in quoted shares |
- |
(12,461,609) |
| Gain on disposal of subsidiaries, net of transaction costs |
- |
(1,280,800) |
| Loss/(Gain) on financial assets classified as fair value through profit or loss |
1,776,857 |
(420,776) |
| Impairment loss on other investments |
785,609 |
- |
| Unrealised foreign exchange gain |
(3,506,941) |
(1,148,622) |
|
|
|
| Operating profit before working capital changes |
(5,727,292) |
(4,479,273) |
| Changes in trade and other receivables |
228,223 |
1,672,457 |
| Changes in prepayments and other assets |
(14,483) |
169,003 |
| Changes in deferred income |
(94,000) |
(73,670) |
| Changes in trade and other payables |
(506,902) |
(22,919,254) |
|
|
|
| Cash generated from operations |
(6,114,454) |
(25,630,737) |
| Income tax paid |
(1,710,860) |
(2,367,456) |
| Interest received |
1,401,335 |
3,228,348 |
|
|
|
| Net cash generated from operating activities |
(6,432,979) |
(24,769,845) |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Investment distribution income received |
2,208,447 |
607,110 |
| Acquisition of other investments |
(74,135,655) |
(20,819,464) |
| Acquisition of property and equipment |
(74,450) |
(103,747) |
| Acquisition of treasury shares |
(1,780) |
(219,087) |
| Proceeds from disposal of property and equipment |
- |
100 |
| Proceeds from disposal of investments in quoted shares |
- |
19,839,482 |
| Proceeds from disposal of other investments |
2,418,150 |
- |
| Disposal of subsidiaries, net cash outflow |
- |
1,280,800 |
| Dividends received from an associate |
7,758,184 |
6,741,624 |
| Dividends received from other investments |
1,964,756 |
2,337,118 |
|
|
|
| Net cash used in investing activities |
(59,862,348) |
9,663,936 |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(2,273,226) |
(19,424,301) |
| Proceeds from short term borrowings |
44,829 |
114,704 |
| Repayment of borrowings |
- |
(3,095) |
|
|
|
| Net cash used in financing activities |
(2,228,397) |
(19,312,692) |
|
|
|
| |
|
|
| Net increase in cash and cash equivalents |
(68,514,724) |
(34,418,601) |
| |
|
|
| Cash and cash equivalents at beginning of the year |
101,629,445 |
135,932,869 |
| |
|
|
| Effects of exchange rate fluctuations on cash held |
3,262,408 |
115,177 |
|
|
|
| Cash and cash equivalents at end of year |
36,377,129 |
101,629,445 |
|
|
|
| |
|
|
| Cash and cash equivalents comprise: |
|
|
| Deposits with licensed banks |
33,494,831 |
25,617,580 |
| Cash and bank balances |
2,882,298 |
76,011,865 |
|
|
|
|
36,377,129 |
101,629,445 |
|
|
|
|
