ANNUAL REPORT 2016
75
Techno
Dex
Berhad
(627634-A)
26. EARNINGS/(LOSS) PER SHARE
The basic profit/(loss) per share is arrived at by dividing the Group’s profit/(loss) attributable to owners of the
Company of RM 289,863 (RM 251,531 in 2014) by the following weighted average number of ordinary shares in
issue during the financial year.
2016
2015
RM
RM
Profit/(Loss) attributable to owners of the Company (RM)
289,863
(251,531)
Weighted average number of ordinary shares:
Issued ordinary shares at 1 May 2015/2014
375,393,900
306,034,913
Effect of new ordinary shares issued
-
8,704,119
Weighted average number of ordinary shares at 30 April 2016/2015
375,393,900
314,739,032
Basic earnings/(loss) per share (Sen)
0.08
(0.07)
The diluted loss per share was not presented as there were no dilutive potential ordinary shares outstanding at the
end of the reporting year.
Diluted earnings/(loss) per share not disclosed in the notes to account as the Company having antidilutive for the
year presented.
27. ACQUISITION OF A SUBSIDIARY, NET OF CASH AND CASH EQUIVALENTS ACQUIRED
In the previous financial year, the Group acquired 55% equity interest in Idealseed Resources Sdn. Bhd.
During the financial year, the Group acquired 50% equity interest in SursfTek Resources (R&D) Sdn. Bhd. and
MyProperty Data Sdn. Bhd.
The fair values of the identifiable assets and liabilities of the acquired subsidiaries at the date of acquisition
were:-
The Group
At Date Of Acquisition
Carrying Amount/Fair Value
2016
2015
RM
RM
Property, plant and equipment
-
475,376
Trade and other receivables
-
1,285,196
Tax recoverable
-
6,615
Cash and bank balances
-
136,547
Trade and other payables
-
(167,256)
Term loans
-
(68,458)
Minority interest
-
(659,285)
Share of net assets acquired
-
1,008,735
Goodwill on acquisition
-
1,191,265
Total purchase consideration
-
2,200,000
Cash and cash equivalents of subsidiary acquired
-
(136,547)
-
2,063,453
NOTES TO THE
FINANCIAL STATEMENTS
(continued)
