24. Non-distributable reserveS
Group
Other
Share
capital
premium
reserve
Total
RM’000
RM’000
RM’000
At 1 January 2014
177,439
192
177,631
Exchange fluctuation of Associates
-
(489)
(489)
Issue of bonus shares
(177,439)
-
(177,439)
Public issue:
- Issue of ordinary shares
638,000
-
638,000
- Share issuance and listing expenses
(15,656)
-
(15,656)
Capital redemption by Subsidiary
-
30
30
At 31 December 2014 and
1 January 2015
622,344
(267)
622,077
Exchange fluctuation of Associates
-
124
124
At 31 December 2015
622,344
(143)
622,201
Other capital reserve represents the par value of cumulative redeemable preference shares redeemed by a
Subsidiary and the exchange fluctuation of Associates.
25. Retained profits
Under the single tier system which came into effect from the year of assessment 2008, companies are not
required to have tax credits under Section 108 of the Income Tax Act, 1967 for dividend payment purposes.
Thus, the Company’s retained profits are distributable by way of single tier dividends.
an n ual repo rt 2015
113
