TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
34
DIRECTORS’ REPORT
for the year ended 31 December 2014
The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the Company
for the financial year ended 31 December 2014.
Principal activities
The Company is principally engaged in investment holding, whilst the principal activities of the subsidiaries are as stated in
Note 35 to the financial statements. There has been no significant change in the nature of these activities during the financial
year.
Results
Group Company
RM’000
RM’000
Profit for the year attributable to:
Owners of the Company
105,853
69,655
Non-controlling interests
13,801
-
119,654
69,655
Reserves and provisions
There were no material transfers to or from reserves and provisions during the financial year under review except as disclosed
in the financial statements.
Dividends
Since the end of the previous financial year, the Company paid:
(i)
a final single tier dividend of 12% totalling RM39,169,000 in respect of the financial year ended 31 December 2013 on
23 June 2014; and
(ii) an interim single tier dividend of 6% totalling RM19,584,000 in respect of the financial year ended 31 December 2014
on 29 September 2014.
A final single tier dividend of 6% in respect of the financial year ended 31 December 2014 was proposed by the Directors. This
dividend is subject to the approval of the shareholders of the Company at the forthcoming Annual General Meeting.
Directors of the Company
Directors who served since the date of the last report are:
Dato’ Tan Heng Chew
Dato’ Ng Mann Cheong
Dato’ Haji Kamaruddin @ Abas bin Nordin
Seow Thiam Fatt
Siew Kah Toong
Dato’ Khor Swee Wah @ Koh Bee Leng
Ling Ou Long @ Ling Wuu Long
Ho Wai Ming
