The directors hereby submit their report together with the audited financial

The directors hereby submit their report together

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The directors hereby submit their report together with the audited financial statements of the Group and of the Company for the financial period ended 31 December 2018. CHANGE OF NAME On 12 April 2019, the Company changed its name from Bio Osmo Berhad to Impiana Hotels Berhad. PRINCIPAL ACTIVITIES The principal activity of the Company is investment holding. The principal activities of its subsidiaries are disclosed in Note 11 to the financial statements. RESULTS Group Company RM RM (Loss)/Profit for the financial period, net of tax - Continuing operations (4,513,515) 910,236 - Discontinued operations (9,103,356) - (13,616,871) 910,236 (Loss)/Profit attributable to: Owners of the Company (12,974,428) 910,236 Non-controlling interest (642,443) - (13,616,871) 910,236 DIVIDEND No dividend has been paid or declared by the Company since the end of the previous financial year. The directors do not recommend the payment of any dividends in respect of the financial period ended 31 December 2018. RESERVES OR PROVISIONS There were no material transfers to or from reserves or provisions during the financial period other than those disclosed in the financial statements. DIRECTOR’S REPORT
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