FRSIC Consensus 6 – Accounting For Premium Paid For Transfer Of Listing Status In A Reverse Takeover Scenario [Acquisition Of The Listing Status Of A Company That Was Not Itself A Going Concern] (27 March 2008)

The effective date of the application of this FRSIC CONSENSUS was 27 March 2008.

The release of FRSIC Consensus 6 –Accounting For Premium Paid For Transfer Of Listing Status In A Reverse Takeover Scenario [Acquisition Of The Listing Status Of A Company That Was Not Itself A Going Concern] provides guidance, on the issue whether payment made for the transfer of listing status in a reverse take over situation is an intangible asset.

You can download FRISC Consensus 6 here: http://www.frsic.my/consensus_consensus.asp

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