Events 2005 - ChartNexus
Events 2005 - ChartNexus
Events 2005 - ChartNexus
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Directors’ Report<br />
The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company<br />
for the financial year ended 31 December <strong>2005</strong>.<br />
PRINCIPAL ACTIVITIES<br />
The principal activities of the Company are the publication, printing and distribution of newspapers and magazines. The activities of the<br />
subsidiary companies are set out in Note 8 to the financial statements.<br />
There have been no significant changes in the nature of these activities during the financial year.<br />
RESULTS<br />
STAR PUBLICATIONS<br />
(MALAYSIA) BERHAD<br />
Group Company<br />
RM’000 RM’000<br />
Profit after taxation 155,468 165,518<br />
Retained profits brought forward 385,564 375,297<br />
Profits available for appropriation 541,032 540,815<br />
Appropriation:<br />
2004 – Second interim dividend of 10.0 sen per share, less tax 36,895 36,895<br />
2004 – Special dividend of 5.0 sen per share, less tax 12,298 12,298<br />
<strong>2005</strong> – Interim dividend of 15.0 sen per share, less tax 39,636 39,636<br />
<strong>2005</strong> – Special dividend of 5.0 sen per share, tax exempt 18,350 18,350<br />
107,179 107,179<br />
Retained profits carried forward 433,853 433,636<br />
DIVIDENDS<br />
Dividends paid since the end of the previous financial year end were as follows:<br />
(a) A second interim dividend of 10.0 sen per ordinary share, less tax and a special interim dividend of 5.0 sen per ordinary share, less<br />
tax, which amounted to RM36,895,170 and RM12,298,390 respectively in respect of the financial year ended 31 December 2004<br />
were paid on 15 April <strong>2005</strong>.<br />
(b) An interim dividend of 15.0 sen per ordinary share, less tax, and a special interim dividend of 5.0 sen per ordinary share, tax<br />
exempt, in respect of the financial year ended 31 December <strong>2005</strong>, which amounted to RM39,636,195 and RM18,350,090<br />
respectively and were paid on 20 October <strong>2005</strong>.<br />
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