|
|
|
|
Group |
Group |
|
2017 |
2016 |
|
RM |
RM |
| Continuing operation |
|
|
| Revenue |
9,895,392 |
9,231,058 |
| Other operating income |
14,851 |
2,448,797 |
| Contract and outsourcing cost |
(668,561) |
(808,875) |
| Depreciation of property & equipment |
(110,146) |
(132,663) |
| Rental of office and equipment |
(120,069) |
(162,969) |
| Staff costs |
(4,204,677) |
(4,824,581) |
| Other operating expenses |
(6,030,276) |
(2,542,384) |
|
 |
|
| Results from operating activities |
(1,223,486) |
3,208,383 |
| Interest income |
7,474 |
13,141 |
Loss on financial assets
classified as fair value
through profit or loss |
(412,175) |
(1,776,857) |
| Gain/(loss) on accretion/(dilution) of interest in an associate |
52,180 |
(785,609) |
Loss on changes in fair value of
investment properties |
(300,000) |
- |
Gain on disposal of investments
in quoted shares |
138,322 |
- |
Share of profit of equity
accounted associates, net of tax |
10,579,288 |
12,686,117 |
|
|
|
| Profit before tax |
8,841,603 |
13,345,175 |
| Tax expense |
(1,976,950) |
(1,930,477) |
|
|
|
| Profit for the year |
6,864,653 |
11,414,698 |
|
|
|
| |
|
|
| Profit for the year |
6,864,653 |
11,414,698 |
Other comprehensive income,
net of tax |
|
|
Items that are or may be
reclassified subsequently to
profit or loss |
|
|
Foreign currency translation
differences for foreign operations |
(1,923,605) |
(314,202) |
Fair value of available-for-sale
financial assets |
|
|
| - Gain on price change |
7,477,917 |
8,945,547 |
| - (Loss)/Gain on exchange differences |
(4,790,693) |
1,415,570 |
Fair value of available-for-sale
financial assets |
|
|
Share of (loss)/gain of equity
accounted associates |
(418,314) |
7,166,715 |
|
|
|
Total other comprehensive
income for the year, net of tax |
345,305 |
17,213,630 |
|
|
|
Total comprehensive income for
the year |
7,209,958 |
28,628,328 |
|
|
|
| |
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
6,816,696 |
11,351,763 |
| Non-controlling interests |
47,957 |
62,935 |
|
|
|
| Profit for the year |
6,864,653 |
11,414,698 |
|
|
|
| |
|
|
Total comprehensive income
attributable to: |
|
|
| Owners of the Company |
7,166,467 |
28,568,630 |
| Non-controlling interests |
43,491 |
59,698 |
|
|
|
Total comprehensive income
for the year |
7,209,958 |
28,628,328 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
4.88 |
8.12 |
|
|
|
|
|
|
|
Group |
Group |
|
2017 |
2016 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
286,153 |
376,152 |
| Investment Properties |
19,888,000 |
20,188,000 |
| Investments in associates |
121,823,632 |
125,164,838 |
| Other investments |
59,191,137 |
55,800,029 |
|
|
|
| Total non-current assets |
201,188,922 |
201,529,019 |
|
|
|
| |
|
|
| Other investments |
48,580,485 |
94,379,859 |
| Curent tax assets |
- |
179,745 |
| Trade and other receivables |
1,262,877 |
838,413 |
| Prepayments and other assets |
123,017 |
118,887 |
| Deposits with licensed banks with original maturities |
44,110,400 |
33,181,600 |
| Cash and cash equivalents |
41,774,591 |
3,195,529 |
|
|
|
| Total current assets |
135,851,370 |
131,894,033 |
|
|
|
| Total assets |
337,040,292 |
333,423,052 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
196,619,727 |
70,000,000 |
| Reserves |
138,420,914 |
261,032,519 |
|
|
|
| Total equity attributable to owners of the Company |
335,040,641 |
331,032,519 |
| Non-controlling interests |
65,010 |
21,519 |
|
|
|
| Total equity |
335,105,651 |
331,054,038 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Deferred tax liabilities |
49,239 |
87,220 |
|
|
|
| Total non-current liabilities |
49,239 |
87,220 |
|
|
|
| |
|
|
| Other payables |
1,823,030 |
2,274,864 |
| Current tax payables |
62,372 |
6,930 |
|
|
|
| Total current liabilities |
1,885,402 |
2,281,794 |
|
|
|
| Total liabilities |
1,934,641 |
2,369,014 |
|
|
|
| Total equity and liabilities |
337,040,292 |
333,423,052 |
|
|
|
|
|
|
|
Group |
Group |
|
2017 |
2016 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
8,841,603 |
13,345,175 |
| |
| Adjustments for: |
|
|
Changes in fair value of
investment properties |
300,000 |
- |
Depreciation of property and
equipment |
110,146 |
132,663 |
Share of profit after tax of
equity-accounted associates |
(10,579,288) |
(12,686,117) |
| Dividend income |
(3,308,018) |
(1,964,756) |
| Interest income |
(1,175,311) |
(1,401,335) |
| Investment distribution income |
(2,701,947) |
(2,208,447) |
Gain on disposal of investments
in quoted shares |
(138,322) |
- |
Loss on financial assets classified
as fair value through profit or loss |
412,175 |
1,776,857 |
(Gain)/Loss on (accretion)/dilution
of interest in an associate |
(52,180) |
785,609 |
Unrealised foreign exchange
loss/(gain) |
3,814,224 |
(3,506,941) |
|
|
|
| Operating loss before working capital changes |
(4,476,918) |
(5,727,292) |
| Changes in trade and other receivables |
240,452 |
228,223 |
| Changes in prepayments and other assets |
(5,789) |
(14,483) |
| Changes in other payables |
(230,900) |
(556,073) |
|
|
|
| Cash used in operations |
(4,473,155) |
(6,069,625) |
| Income tax paid |
(1,778,329) |
(1,710,860) |
| Interest received |
488,144 |
1,401,335 |
|
|
|
| Net cash used in operating activities |
(5,763,340) |
(6,379,150) |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
Acquisition of investments in
quoted shares |
(2,014,657) |
- |
| Acquisition of other investments |
(5,397,303) |
(74,135,655) |
| Acquisition of property and equipment |
(20,253) |
(74,450) |
| Acquisition of treasury shares |
(360,983) |
(1,780) |
| Dividends received from an associate |
11,665,784 |
1,964,756 |
Dividends received from other
other investments |
3,308,018 |
19,839,482 |
Investment distribution income
received |
2,701,947 |
2,208,447 |
Net change in deposits with
licensed banks with original
maturities more than 3 months |
(10,928,800) |
(33,181,600) |
Proceeds from disposal of
investments in quoted shares |
1,103,153 |
- |
Proceeds from disposal of
other investments |
51,109,336 |
2,418,150 |
|
|
|
| Net cash from/(used in) investing activities |
51,166,242 |
(93,043,948) |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(2,797,362) |
(2,273,226) |
|
|
|
| Net cash used in financing activities |
(2,797,362) |
(2,273,226) |
|
|
|
| Net increase/(decrease) in cash and cash equivalents |
42,605,540 |
(101,696,324) |
| Cash and cash equivalents at beginning of the year |
3,195,529 |
101,629,445 |
| Effects of exchange rate fluctuations on cash held |
(4,026,478) |
3,262,408 |
|
|
|
| Cash and cash equivalents at end of year |
41,774,591 |
3,195,529 |
|
|
|
| |
|
|
| 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 |
32,027,775 |
313,231 |
| Cash and bank balances |
9,746,816 |
2,882,298 |
|
|
|
|
41,774,591 |
3,195,529 |
|
|
|
|
