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DIRECTORS’ REPORT<br />

82<br />

DIRECTORS' REPORT<br />

The Directors are pleased to submit their annual report to the members together with the audited<br />

financial statements of the Group and of the Company for the financial year ended 31 August<br />

2002.<br />

PRINCIPAL ACTIVITIES<br />

The Company is principally an investment holding company. The Company also engages in<br />

construction related activities and provision of management services to its subsidiaries.<br />

The Group is principally engaged in engineering and construction services, property development,<br />

multimedia and information technology services, publishing, broadcasting and financial services.<br />

There have been no significant changes in the nature of the activities of the Group and of the<br />

Company during the financial year.<br />

FINANCIAL RESULTS<br />

MALAYSIAN RESOURCES CORPORATION BERHAD<br />

Group Company<br />

RM'000 RM'000<br />

Profit/(loss) after taxation 176,314 (90,673)<br />

Minority interests (3,637) -<br />

Net profit/(loss) attributable to shareholders 172,677 (90,673)<br />

DIVIDENDS<br />

No dividend has been paid or declared by the Company since 31 August 2001. The Directors do<br />

not recommend any dividend for the financial year ended 31 August 2002.<br />

RESERVES AND PROVISIONS<br />

All material transfers to or from reserves and provisions during the financial year are shown in the<br />

financial statements.

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