DIVIDENDS
The amount of dividends paid and declared by the Company since 31 December 2013 were as follows:
RM’000
In respect of the financial year ended 31 December 2014:
First interim single tier dividend of 1.45 sen per share on 1,022,500,184 ordinary shares,
declared on 26 May 2014 and paid on 18 July 2014
14,826
Second interim single tier dividend of 1.45 sen per share on 1,014,618,755 ordinary shares,
declared on 26 August 2014 and paid on 21 October 2014
14,712
Third interim single tier dividend of 2.0 sen per share on 1,015,157,631 ordinary shares,
declared on 25 November 2014 and paid on 22 January 2015
20,303
49,841
On 27 February 2015, the directors declared fourth interim single tier dividend of 2.6 sen per share on 1,034,831,401 ordinary shares
amounting to RM26,905,614.
The directors do not propose any final dividend for the financial year ended 31 December 2014.
ISSUE OF SHARES
During the financial year, the Company increased its issued and paid-up share capital from RM490,955,000 to RM515,374,000 as
follows:
(a) RM2,600,233 through the issuance of 5,300 and 5,200,467 ordinary shares of RM0.50 each by way of the conversion of warrants
at an exercise price of RM1.14 and RM1.13 per share respectively.
(b) RM21,818,663 through the issuance of 43,637,326 ordinary shares of RM0.50 each by way of rights issue on the basis of one
rights share for every fifteen existing ordinary shares held, together with 87,274,652 free detachable new warrants on the basis
of two new warrants for every one rights share subscribed at an issue price of RM2.80 per rights share.
The new ordinary shares issued during the financial year rank pari passu in all respects with the existing ordinary shares of the
Company.
TREASURY SHARES
During the financial year, the Company repurchased 15,520,000 of its issued ordinary shares from the open market at an average
price of RM3.46 per share. The total consideration paid for the repurchase including transaction costs was RM54,413,249. The
shares repurchased are being held as treasury shares in accordance with Section 67A of the Companies Act, 1965.
As at 31 December 2014, the Company held as treasury shares a total of 15,590,000 of its 1,030,747,632 issued ordinary shares.
Such treasury shares are held at a carrying amount of RM54,776,737.
Further details on change in the share capital during and subsequent to the financial year and up to the date of this report are set
out in
Note 30
to the financial statements.
193
KPJ Healthcare Berhad annual report
2014
Directors’
Report
(continued)
