ANNUAL REPORT 2016
32
Techno
Dex
Berhad
(627634-A)
The directors hereby submit their report and the audited financial statements of the Group and of the Company for the
financial year ended 30 April 2016.
PRINCIPAL ACTIVITIES
The Company is principally engaged in the business of investment holding and providing information technology
products and related services, and carrying out relevant research and development activities whilst the principal
activities of the subsidiaries are set out in Note 7 to the financial statements.
There have been no significant changes in the nature of these activities during the financial year.
RESULTS
The Group
The Company
RM
RM
Net profit/(loss) attributable to:
Owners of the parent
289,863
(1,912,991)
Non-controlling interests
1,782,828
-
Net profit for the year
2,072,691
(1,912,991)
There were no material transfers to or from reserves or provision 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
No dividends were 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 during the financial year other than those disclosed
in the financial statements.
ISSUES OF SHARES AND DEBENTURES
During the financial year:-
(a) there were no changes in the authorised and issued and paid-up share capital of the Company; and
(b) there were no issues of debentures by the Company.
WARRANTS 2013/2018
The Company had on 23 September 2013 issued 85,196,350 new Warrants 2013/2018 to all entitled shareholders
of the Company on the basis of one (1) free detachable warrant for every three (3) existing ordinary shares of RM0.10
each held in the Company.
Each warrant carried the entitlement to subscribe for one (1) new ordinary share of RM0.10 each in the Company at the
exercise price of RM0.11 which shall be satisfied in cash and at any time during the exercise period as indicated above
(“Exercise Period”) subject to the adjustments in accordance with the provisions of the deed poll dated 6 August 2013.
Any warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.
DIRECTORS’
REPORT
