Page 47 - reliance_2014

Basic HTML Version

Reliance Pacific Berhad
244521
A
• Incorporated in Malaysia •
45
The directors hereby submit their report together with the audited financial statements of the Group and the Company for the financial year
ended 31 March 2014.
PRINCIPAL ACTIVITIES
The Company is principally engaged in investment holding and provision of management services. The principal activities of the subsidiary
companies are set out in Note 10 to the financial statements. There have been no significant changes in the nature of the activities during the
financial year.
RESULTS
In the opinion of the directors, the results of the operations of the Group and the Company during the financial year have not been substantially
affected by any item, transaction or event of a material or unusual nature.
DIVIDENDS
No dividend has been paid, declared or proposed by the Company since the end of the previous financial year.
The directors also do not recommend any final dividend in respect of the current financial year.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves and provisions other than those disclosed in the financial statements.
SIGNIFICANT EVENT AND EVENT AFTER THE REPORTING PERIOD
Detail of the significant event and event after the reporting period are set out in Note 36 to the financial statements.
Group
RM’000
Company
RM’000
Net profit/(loss) for the year attributable to:
Equity holders of the parent
2,013
(5,721)
Non-controlling interests
524
-
2,537
(5,721)
Director’s Report
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2014