FINANCIAL REPORTS

DIRECTORS’ REPORT

The Directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2014.

Principal activities

The Company is an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries.

The principal activities of the subsidiaries are to operate the Malaysian securities, derivatives and offshore exchanges and the Shari’ah compliant commodity trading platform, to operate the related depository function and clearing houses, and to disseminate information relating to securities quoted on the exchanges. The principal activities of the subsidiaries are disclosed in Note 15 to the financial statements.

There have been no significant changes in the nature of these principal activities during the financial year.

Results

	Group RM’000	Company RM’000
Profit for the year	204,022	174,636
Profit attributable to:
Owners of the Company	198,226	174,636
Non-controlling interest	5,796	-
	204,022	174,636

There were no material transfers to or from reserves or provisions during the financial year, other than those disclosed in the financial statements.

In the opinion of the Directors, the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature.

Dividends

The amount of dividends paid by the Company since 31 December 2013 were as follows:

	RM’000
In respect of the financial year ended 31 December 2013, as reported in the Directors' report of that year:
Final dividend under the single-tier system of 16.0 sen per share, on 532,862,000 ordinary shares, declared on 27 March 2014 and paid on 16 April 2014	85,258
In respect of the financial year ended 31 December 2014:
Interim dividend under the single-tier system of 16.0 sen per share, on 533,520,000 ordinary shares, declared on 17 July 2014 and paid on 14 August 2014	85,363
Special dividend under the single-tier system of 20.0 sen per share, on 533,520,000 ordinary shares, declared on 17 July 2014 and paid on 14 August 2014	106,704
Total dividends paid since 31 December 2013	277,325