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FORGING AHEAD - Tradewinds Plantation Berhad

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192<br />

FINANCIAL STATEMENTS<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

31 DECEMBER 2010<br />

33. DIVIDEND<br />

TRADEWINDS PLANTATION BERHAD<br />

Annual Report 2010<br />

Group and Company<br />

2010 2009<br />

RM’000 RM’000<br />

Final gross dividend of 6.00 sen per ordinary share, less tax at 25%,<br />

(4.50 sen net per ordinary share) in respect of financial year 2009,<br />

paid in financial year 2010 23,812 -<br />

Interim gross dividend of 5.00 sen per ordinary share, less tax at 25%,<br />

(3.75 sen net per ordinary share) in respect of financial year 2010,<br />

paid in financial year 2010 19,843 -<br />

Final gross dividend of 6.00 sen per ordinary share, less tax at 25%,<br />

(4.50 sen net per ordinary share) in respect of financial year 2008,<br />

paid in financial year 2009 - 23,812<br />

43,655 23,812<br />

A final gross dividend in respect of the financial year ended 31 December 2010 of 5.00 sen per ordinary share, less tax<br />

at 25%, amounting to RM19,843,254 (3.75 sen net per ordinary share) has been proposed by the Board of Directors after<br />

the reporting period for shareholders’ approval at the forthcoming Annual General Meeting. The financial statements for the<br />

current financial year do not reflect this proposed dividend. This proposed dividend, if approved by shareholders, will be<br />

accounted for as an appropriation of retained earnings in the financial year ending 31 December 2011.

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