Page 100 - ar2010

98 KPJ Healthcare Berhad

(Company No. 247079 M)

Annual Report 2010

The Directors are pleased to submit their annual report to the members together with the audited fnancial statements of the Group and the Company for the fnancial year ended 31 December 2010.

PRINCIPAL ACTIVITIES

The principal activities of the Company are investment holding and provision of management services to subsidiary companies. The principal activities of the subsidiaries are mainly the operation of specialist hospitals.

Details of the principal activities of the subsidiaries are set out in Note 20 to the fnancial statements.

There was no signifcant change in the nature of these activities during the fnancial year ended 31 December 2010.

FINANCIAL RESULTS

Group Company RM’000 RM’000

Proft for the fnancial year attributable to equity holders of the Company 118,894 36,481

DIVIDENDS

The dividends paid and declared by the Company since 31 December 2009 were as follows:

RM’000 In respect of the fnancial year ended 31 December 2010:

First interim gross dividend of 3.25 sen per share on 531,400,414 ordinary shares,

less 25% tax, paid on 26 July 2010 12,953 Second interim gross dividend of 3.25 sen per share on 553,775,713 ordinary shares,

less 25% tax, paid on 14 October 2010 13,498 Third interim gross dividend of 3.50 sen per share on 558,980,850 ordinary shares,

less 25% tax, paid on 19 January 2011 14,673

41,124

The Directors declares 4th interim gross dividend of 5.00 sen per share on 562,162,650 ordinary shares, less 25% tax, amounting to RM21,081,099.

The Directors do not propose any fnal dividend for the fnancial year ended 31 December 2010.

RESERVES AND PROVISIONS

All material transfers to or from reserves and provisions during the fnancial year are shown in the fnancial statements.

SHARE CAPITAL

Share split, bonus issue and free warrants

On 15 January 2010, the Company subdivided its existing 211,050,615 ordinary shares of RM1 each into 422,101,230 ordinary shares of RM0.50 each (“Share Split”).

After the Share Split, the Company issued bonus shares of up to 105,525,308 new ordinary shares of RM0.50 each, which were credited as fully paid up by the Company, on the basis of one (1) Bonus Shares for every four (4) shares held by the entitled shareholders of the Company after the Share Split (“Bonus Issue”).

DIRECTORS’ REPORT