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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 />

101

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