FORGING AHEAD - Tradewinds Plantation Berhad
FORGING AHEAD - Tradewinds Plantation Berhad
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 />
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