Unrecognised Deferred Tax Liability The Company has not recognised deferred tax liability amounted to approximately RM10,345,000 as at the end of the financial year relating to temporary differences arising from the difference between the carrying values of pr...
SIGNIFICANT POST BALANCE SHEET EVENT On 12 November 2010, the Company entered into a Memorandum of Understanding (“MOU”) with DEF Sdn. Bhd. (a trade debtor of the Company) to extinguish/fully settle trade debts owed to the Company by DEF Sdn. Bhd. and GHI ...
ABC SDN. BHD. (Incorporated in Malaysia) INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF ABC SDN. BHD. Report on the Financial Statements We have audited the financial statements of ABC SDN. BHD., which comprise the balance sheets as at 30 September 2010 of t...
ABC SDN. BHD. (Incorporated in Malaysia) INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF ABC SDN. BHD. Report on the Financial Statements We have audited the financial statements of ABC SDN. BHD., which comprise the balance sheets as at 30 September 2010 of t...
PROVISION FOR LIABILITIES a) Guaranteed Rental Returns & Marketing Incentives Provision for guaranteed rental returns and marketing incentives are in respect of the sale of development properties. The provision is made for the expected guaranteed renta...
CAPITAL COMMITMENTS Capital commitments contracted but not provided for in the financial statements are as follows: On 1 April 2010, the Company entered into a sale and purchase agreement (“SPA”) to purchase a piece of land for a consideration of RM49 mill...