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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.
62 WCT Berhad (66538-K) annual report 2011 DIRECTORS' REPORT cont’d DIRECTORS' INTERESTS According to the register of Directors' shareholdings, the interests of Directors in office at the end of the financial year in ordinary shares, Warrants 2008/2013, Warrants 2011/2016 and options over shares in the Company during the financial year were as follows: WCT Berhad No. of ordinary shares of RM0.50 each 1 January 31 December 2011 Acquired (Disposed) 2011 Dato' Capt. Ahmad Sufian @ Qurnain Bin Abdul Rashid - direct 1,177,000 51,000 - 1,228,000 - indirect (child) 20,000 12,000 (10,000) 22,000 Taing Kim Hwa - direct 2,007,245 141,000 (1,800) 2,146,445 - indirect 161,633,794 - - 161,633,794 Goh Chin Liong - direct 5,368,701 109,332 - 5,478,033 Choe Kai Keong - direct 2,369,975 58,000 - 2,427,975 Liang Kai Chong - direct 2,532,730 544,664 - 3,077,394 - indirect (spouse) 203,498 - - 203,498 Cheah Hon Kuen - direct 847,206 26,000 (150,000) 723,206 Choo Tak Woh - direct 280,780 26,000 (306,780) - - indirect (spouse) - 316,780 (30,000) 286,780
Page 1 and 2: 30 WCT Berhad (66538-K) annual repo
Page 30 and 31: financial statements Directors’ R
Page 34 and 35: DIRECTORS' INTERESTS cont’d Taing
Page 36 and 37: ISSUE OF SHARES Ordinary shares WCT
Page 38 and 39: OTHER STATUTORY INFORMATION cont’
Page 40 and 41: REPORT ON THE FINANCIAL STATEMENTS
Page 42 and 43: Non-current assets WCT Berhad (6653
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Page 48 and 49: Company WCT Berhad (66538-K) annual
Page 50 and 51: Cash flows from investing activitie
Page 52 and 53: 1. CORPORATION INFORMATION WCT Berh
Page 54 and 55: 2. SUMMARY OF SIGNIFICANT ACCOUNTIN
Page 80 and 81: 3. SIGNIFICANT ACCOUNTING JUDGEMENT
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3. SIGNIFICANT ACCOUNTING JUDGEMENT
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4. PROPERTY, PLANT AND EQUIPMENT Fr
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4. PROPERTY, PLANT AND EQUIPMENT co
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4. PROPERTY, PLANT AND EQUIPMENT co
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5. LAND HELD FOR PROPERTY DEVELOPME
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6. INVESTMENT PROPERTIES WCT Berhad
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7. INVESTMENT IN SUBSIDIARIES cont
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7. INVESTMENT IN SUBSIDIARIES cont
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8. INVESTMENT IN ASSOCIATES WCT Ber
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8. INVESTMENT IN ASSOCIATES cont’
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9. INVESTMENT IN JOINTLY CONTROLLED
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11. CONCESSION ASSETS WCT Berhad (6
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13. TRADE RECEIVABLES cont’d (a)
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13. TRADE RECEIVABLES cont’d (b)
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15. DUE FROM/(TO) RELATED PARTIES c
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19. OTHER PAYABLES WCT Berhad (6653
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20. BORROWINGS cont’d Total borro
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24. TERM LOANS Secured WCT Berhad (
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26. ISLAMIC SERIAL REDEEMABLE BONDS
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29. SHARE CAPITAL WCT Berhad (66538
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29. SHARE CAPITAL cont’d (b) Empl
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29. SHARE CAPITAL cont’d (b) Empl
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29. SHARE CAPITAL cont’d (c) Warr
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30. IRREDEEMABLE CONVERTIBLE PREFER
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32. RESERVES WCT Berhad (66538-K) a
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33. NON�CONTROLLING INTEREST WCT
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34. DEFERRED TAXATION cont’d WCT
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37. OTHER OPERATING INCOME/�LOSS
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39. PROFIT BEFORE TAXATION (a) The
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39. PROFIT BEFORE TAXATION cont’d
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40. TAXATION Tax expense for the ye
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41. EARNINGS PER SHARE (i) Basic WC
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42. DIVIDENDS cont’d Recognised d
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44. OPERATING LEASE ARRANGEMENTS co
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46. CONTINGENT LIABILITIES cont’d
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47. FINANCIAL INSTRUMENTS cont’d
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49. SIGNIFICANT EVENTS During the f
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50. SUBSEQUENT EVENTS cont’d (i)
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51. CONTRACT DISPUTE cont’d State
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52. SEGMENT INFORMATION cont’d Bu
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52. SEGMENT INFORMATION cont’d Ge
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No. Location Description 1. Master
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No. Location Description 7. Seven (
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(2) Thirty Largest Shareholders con
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(2) Thirty Largest ICPS Holders WCT
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(2) Thirty Largest Warrants Holders
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(2) Thirty Largest Warrants Holders
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(2) Directors’ Interests in Warra
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WCT Berhad (66538-K) annual report
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Meeting : 31st Annual General Meeti
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I/We WCT Berhad (66538-K) (Incorpor
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IXORA CAMELLIA Double-storey bungal
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