WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

DIVIDENDS cont’d
In respect of the financial year ended 31 December 2011 as approved by the shareholders:
WCT Berhad (66538-K)
annual report 2011
61
DIRECTORS' REPORT
cont’d
RM'000
Dividend of 1.35 sen per share on 18,211,455 Irredeemable Convertible Preference Shares ("ICPS") of
RM0.10 each, paid on 5 August 2011 246
Interim dividend of 5.0 sen per share less tax at 25% on 804,344,872 ordinary shares of RM0.50 each,
paid on 19 September 2011 30,163
60,354
At the forthcoming Annual General Meeting, a final dividend in respect of the financial year ended 31 December 2011 of
3.0 sen per ordinary share of RM0.50 each less tax at 25% and a final tax exempt dividend of 1.5 sen per ordinary share of
RM0.50 each will be proposed for shareholders' approval. The total net final dividend as recommended will be 3.75 sen per
ordinary share of RM0.50 each (2010: total net final dividend of 3.75 sen per ordinary share of RM0.50 each).
The financial statements for the current financial year do not reflect these proposed dividends. Such dividends, if approved
by the shareholders, will be accounted for in the shareholders' equity as an appropriation of retained profits in the next
financial year ending 31 December 2012.
DIRECTORS
The Directors of the Company in office since the date of the last report and at the date of this report are:
Dato' Capt. Ahmad Sufian @ Qurnain Bin Abdul Rashid
Taing Kim Hwa
Goh Chin Liong
Choe Kai Keong
Liang Kai Chong
Cheah Hon Kuen
Choo Tak Woh
Andrew Lim Cheong Seng (Appointed on 3 January 2012)
Loh Siew Choh (Resigned on 9 July 2011)
DIRECTORS' BENEFITS
Neither at the end of the financial year, nor at any time during that year, did there subsist any arrangement to which the
Company was a party, whereby the Directors might acquire benefits by means of the acquisition of shares in or debentures
of the Company or any other body corporate, other than those arising from the share options granted under the Employee
Share Options Scheme ("ESOS") and warrants.
Since the end of the previous financial year, no Director has received or become entitled to receive a benefit (other than
benefits included in the aggregate amount of emoluments received or due and receivable by the Directors or the fixed salary
of a full-time employee of the Company as shown in Note 39(c) to the financial statements) by reason of a contract made by
the Company or a related corporation with any Director or with a firm of which the Director is a member, or with a company
in which the Director has a substantial financial interest, except as disclosed in Note 43 to the financial statements.