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FORGING AHEAD - Tradewinds Plantation Berhad

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DIRECTORS’ REPORT<br />

The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the Company for<br />

the financial year ended 31 December 2010.<br />

PRINCIPAL ACTIVITIES<br />

The principal activities of the Company are investment holding and provision of management services to the subsidiaries. The<br />

principal activities of the subsidiaries are set out in Note 9 to the financial statements.<br />

There have been no significant changes in the nature of these activities during the financial year.<br />

RESULTS<br />

Group Company<br />

RM’000 RM’000<br />

Profit for the financial year 211,956 32,446<br />

Attributable to:<br />

Owners of the parent 186,404 32,446<br />

Minority interest 25,552 –<br />

DIVIDEND<br />

FINANCIAL STATEMENTS<br />

211,956 32,446<br />

Dividend on ordinary shares paid or declared by the Company since the end of the previous financial year were as follows:<br />

TRADEWINDS PLANTATION BERHAD<br />

Annual Report 2010<br />

Company<br />

RM’000<br />

In respect of the financial year ended 31 December 2009:<br />

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

(4.50 sen net per ordinary share), paid on 28 July 2010 23,812<br />

In respect of the financial year ended 31 December 2010:<br />

1st interim gross dividend of 5.00 sen per ordinary share, less tax at 25%<br />

(3.75 sen net per ordinary share), paid on 30 December 2010 19,843<br />

The Directors proposed a final gross dividend of 5.00 sen per ordinary share, less tax at 25%, amounting to RM19,843,254<br />

(3.75 sen net per ordinary share) in respect of the financial year ended 31 December 2010 subject to the approval of members<br />

at the forthcoming Annual General Meeting of the Company.<br />

91

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