243 F INANC IAL Statements Sect ion 05 Annual Report 2022 NOTES TO THE F INANC I AL STATEMENTS For the year ended 31 December 2022 39. DIVIDENDS Dividends paid/payable during financial year are as follows: The Group and the Company Amount of dividend, net of tax 2022 sen 2021 sen 2022 RM’000 2021 RM’000 Interim dividend paid by way of distribution of treasury shares on the basis of 1 treasury share for every 100 existing ordinary shares held in the Company - 0.84 - 8,970 Interim dividend paid by way of distribution of treasury shares on the basis of 0.5 treasury share for every 100 existing ordinary shares held in the Company - 0.36 - 4,674 Interim dividend paid by way of distribution of treasury shares on the basis of 0.5 treasury share for every 100 existing ordinary shares held in the Company - 0.34 - 4,307 Interim dividend paid by way of distribution of treasury shares on the basis of 0.5 treasury share for every 100 existing ordinary shares held in the Company 0.29 - 3,751 - Interim dividend on 1,288,638,058 ordinary shares 0.50 - 6,443 - 10,194 17,951 The Board of Directors had on 6 April 2023, declared a second interim tax exempt (single-tier) dividend of 2.0 sen on 1,288,638,058 ordinary shares in respect of the financial year ended 31 December 2022 amounting to RM25,772,761 and to be paid on 15 May 2023. The financial statements for the current financial year do not reflect this dividend. Such dividend will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2023. The directors do not recommend a final dividend in respect of the financial year ended 31 December 2022.
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