Page 100 - Exim iar24_Ebook

EXIM BANK MALAYSIA
98

DIRECTORS’ REPORT

The Directors have pleasure in presenting their report and the audited financial statements of the Group and of the Bank for the
financial year ended 31 December 2024.

PRINCIPAL ACTIVITIES
The Bank is principally engaged in the business of banking in export and import by granting credit, issuing guarantees and providing
other related services. The Bank is also engaged in the provision of export and domestic credit insurance facilities, takaful facilities
and trade related guarantees to Malaysian companies and other foreign companies with Malaysian shareholding.

The principal activities of the subsidiaries are as disclosed in Note 14 to the financial statements.
There have been no other significant changes in the nature of the Group’s and the Bank’s principal activities during the financial
year.

RESULTS

Group Bank
RM’000 RM’000
Profit for the year 113,495 113,495

There were no material transfers to or from reserves 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 Bank during the financial year were not
substantially affected by any item, transaction or event of a material and unusual nature.

DIVIDENDS

The Directors do not recommend any dividend payment on ordinary shares for the current financial year.

DIRECTORS

The names of the Directors of the Bank in office since the beginning of the financial year to the date of this report are:
Dato’ Charon Wardini Mokhzani (Chairman) (Appointed on 4 January 2024)
Raymond Fam Chye Soon
Dr Mastura Binti Abdul Karim
Datuk Bahria binti Mohd Tamil
Abdul Aziz Abu Bakar (Appointed on 20 May 2024)
Lee Eng Huat (Appointed on 1 July 2024)
Dato’ Wong Lee Yun (Tenure ended on 15 July 2024)
Hasli Hashim (Tenure ended on 1 December 2024)