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Notes To The Financial Statements
VITROX CORPORATION BERHAD
[649966-K]
For The Financial Year Ended 31 December 2008
19. TAX EXPENSE (Cont’d)
ViE Technologies Sdn. Bhd.
The subsidiary has been granted pioneer status by the Ministry of International Trade and Industry Malaysia for the design,
development and manufacture of printed circuit board assemblies for microprocessor applications (“Pioneer Products”). Under
this incentive, 100% of the subsidiary’s statutory income from the Pioneer Products is exempted from income tax for a period
of 5 years commencing 1 April 2007.
20. EARNINGS PER SHARE
The Group
The basic earnings per share is calculated by dividing the Group’s net profit for the financial year of RM8,323,929
(2007 : RM14,427,191) by the weighted average number of ordinary shares in issue during the financial year of 155,000,000
(2007 : 155,000,000) shares.
The diluted earnings per share equals the basic earnings per share as the Company did not have any dilutive potential ordinary
shares during the financial year.
21. DIVIDENDS
The Group and the Company
2007
2008
RM
RM
Special interim dividend of 1 sen per share (tax exempt) in respect of financial
1,550,000
0
year ended 31 December 2006 paid in February 2007
Final dividend of 0.5 sen per share (tax exempt) in respect of financial year
775,000
ended 31 December 2006 paid in July 2007
0
Special interim dividend of 0.5 sen per share (tax exempt) in respect of
financial year ended 31 December 2007 paid in February 2008
775,000
0
Special dividend of 1.5 sen per share (tax exempt) in respect of financial
year ended 31 December 2007 paid in July 2008
0
2,325,000
Final dividend of 0.5 sen per share (tax exempt) in respect of financial year
ended 31 December 2007 paid in July 2008
0
775,000
3,100,000
3,100,000
After the balance sheet date, the Company declared and paid a special interim dividend of 0.7 sen per share (tax exempt)
amounting to RM1,085,000 in respect of the financial year ended 31 December 2008.
