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The Directors hereby submit their report together with the audited financial statements of the Group
and of the Company for the financial year ended 31 December 2015.
PRINCIPAL ACTIVITIES
The Company is principally engaged in investment holding.
The principal activities of the subsidiaries are set out in Note 8 to the financial statements.
There have been no significant changes in the nature of these activities during the financial year.
FINANCIAL RESULTS
Group Company
RM
RM
Net loss for the financial year
(105,637,420) (102,143,781)
Attributable to:
Owners of the Company
(105,583,545) (102,143,781)
Non-controlling interests
53,875
–
(105,637,420) (102,143,781)
DIVIDENDS
No dividend has been paid or declared by the Company since the end of the previous financial
year. The Directors do not recommend the payment of any dividend for the financial year ended 31
December 2015.
RESERVES AND PROVISIONS
All material transfers to or from reserves or provisions during the financial year are disclosed in the
notes to the financial statements.
pg.
47
Asia Media Group Berhad
►
Annual Report 2015
DIRECTORS’
REPORT