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062 SapuraCrest Petroleum Berhad Annual Report 2010 DiReCtoRS’ RePoRt The directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 January 2010. Principal activities The principal activities of the Company are investment holding and provision of management services to its subsidiaries. The principal activities of the subsidiaries are as described in Note 37 to the financial statements. There have been no significant changes in the nature of the principal activities during the financial year. ReSultS Group Company RM’000 RM’000 Profit for the year 335,254 95,085 Attributable to: Equity holders of the Company 172,035 95,085 Minority interests 163,219 — 335,254 95,085 There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature. DiviDenDS The amount of dividends paid by the Company since 31 January 2009 were as follows: In respect of the financial year ended 31 January 2009 as reported in the directors’ report of that year: RM’000 A single tier interim dividend of 2.0 sen per ordinary share, on 1,188,491,401 ordinary shares, declared on 10 December 2008 and paid on 16 February 2009. 23,770 A single tier final dividend of 3.0 sen per ordinary share, on 1,270,882,848 ordinary shares, approved by shareholders on 30 June 2009 and paid on 14 August 2009. 38,126
DiviDenDS (Cont’D) In respect of the financial year ended 31 January 2010: RM’000 A single tier interim dividend of 3.0 sen per ordinary share, on 1,276,722,448 ordinary shares, declared on 10 September 2009 and paid on 9 November 2009. 38,302 At the forthcoming Annual General Meeting, a single tier final dividend in respect of the financial year ended 31 January 2010 of 4.0 sen per ordinary share, will be proposed for shareholders’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in equity as an appropriation of retained profits in the financial year ending 31 January 2011. DiReCtoRS Directors of the Company in office since the date of the last report and at the date of this report are: Dato’ Hamzah Bakar Datuk Shahril Shamsuddin Tan Sri Datuk Amar (Dr.) Hamid Bugo Tan Sri Ibrahim Menudin Dato’ Fauziah Dato’ Ismail Gee Siew Yoong Mohamed Rashdi Mohamed Ghazalli Shahriman Shamsuddin 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. 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 9 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 he is a member, or with a company in which he has a substantial financial interest, except as disclosed in Note 34 to the financial statements. 063 SapuraCrest Petroleum Berhad Annual Report 2010
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SapuraCrest Petroleum Berhad (45631
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BUILDING ON VALUES The theme “bui
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Notes: 1. Proxy Forms A member of t
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005 SapuraCrest Petroleum Berhad An
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FINANCIAL HIGHLIGHTS 31 January 200
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100% Sapura Retail Solutions Sdn Bh
Page 14 and 15: 012 SapuraCrest Petroleum Berhad An
Page 26: We set high standards of profession
Page 29 and 30: Tan Sri Datuk Amar (Dr.) Hamid Bugo
Page 31 and 32: Appointments held by Datuk Shahril
Page 33 and 34: Gee Siew Yoong (Independent Non-Exe
Page 35 and 36: MANAGEMENT Chief Executive Officer
Page 44: We will continually build up our kn
Page 49 and 50: Details of attendance at Board meet
Page 51 and 52: AUDIT COMMITTEE REPORT TERMS OF REF
Page 53 and 54: 5.0 COMMITTEE MEETINGS 5.1 The Comm
Page 55 and 56: SUMMARY OF ACTIVITIES OF THE AUDIT
Page 57 and 58: ADDITIONAL COMPLIANCE INFORMATION P
Page 59 and 60: STATEMENT OF DIRECTORS’ RESPONSIB
Page 62: Financial Statements Director’s R
Page 67 and 68: iSSue oF ShAReS (a) During the fina
Page 69 and 70: StAtement By DiReCtoRS Pursuant to
Page 71 and 72: Report on other legal and regulator
Page 73 and 74: BAlAnCe SheetS As at 31 January 201
Page 75 and 76: ConSoliDAteD StAtement oF ChAngeS i
Page 77 and 78: ComPAny StAtement oF ChAngeS in equ
Page 79 and 80: 2010 2009 Rm’000 Rm’000 Cash fl
Page 81 and 82: noteS to the FinAnCiAl StAtementS 3
Page 83 and 84: 2. SigniFiCAnt ACCounting PoliCieS
Page 95 and 96: 3. Revenue Revenue of the Group and
Page 97 and 98: 7. PRoFit BeFoRe tAX (Cont’D) gro
Page 99 and 100: 9. DiReCtoRS’ RemuneRAtion (Cont
Page 101 and 102: 10. inCome tAX eXPenSe (Cont’D) A
Page 103 and 104: 12. DiviDenDS Recognised during the
Page 105 and 106: 13. PRoPeRty, PlAnt AnD equiPment (
Page 107 and 108: 13. PRoPeRty, PlAnt AnD equiPment (
Page 109 and 110: 14. intAngiBle ASSetS (Cont’D) im
Page 111 and 112: 16. inveStmentS in ASSoCiAteS (Cont
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17. inveStmentS in Jointly ContRoll
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18. DeFeRReD tAX (Cont’D) The com
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18. DeFeRReD tAX (Cont’D) Deferre
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21. tRADe AnD otheR ReCeivABleS (Co
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23. CASh AnD CASh equivAlentS (Cont
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24. ShARe CAPitAl AnD ShARe PRemium
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25. emPloyee BeneFitS (Cont’D) em
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27. Amount Due to SuBSiDiARieS Curr
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28. BoRRowingS (Cont’D.) maturity
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30. iStiSnA’ BonDS AnD muRABAhAh
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31. tRADe AnD otheR PAyABleS Curren
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33. CoRPoRAte guARAnteeS group Comp
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34. RelAteD PARty DiSCloSuReS (Cont
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35. FinAnCiAl inStRumentS (Cont’D
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36. Segment inFoRmAtion (Cont’D)
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36. Segment inFoRmAtion (Cont’D)
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37. SuBSiDiARieS AnD ACtivitieS Det
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37. SuBSiDiARieS AnD ACtivitieS (Co
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ANALYSIS OF SHAREHOLDINGS As at 21
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SUBSTANTIAl SHAREHOlDERS Based on R
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No. Name No. of Shares Held % 23 CH
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PROXY FORM I/We of being a Member o
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