Revenue recognition Revenue from sale of goods is measured at fair value of the consideration received or receivable and is recognised in the statement of comprehensive income of the Company when significant risks and rewards of the ownership of the goods have...
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Tagged As: revenue recognition policy, sale of goods recognition
Prior to 1 January 2010, information about financial instruments was disclosed in accordance with the requirements of FRS 132 Financial Instruments: Disclosure and Presentation. The Group and the Company adopted FRS 7 Financial Instruments: Disclosures (“FRS...
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Tagged As: disclosure of financial instruments, effect of adopting FRS 7, note on adoption of new accounting standard, Sample Disclosure in Financial Statements
Operating Segments In the previous financial years, the Group deemed a segment as a distinguishable component of the Group that was engaged either in providing products or services (business segment), or in providing products or services within a particular ec...
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Tagged As: FRS 8 Operating Segments, operating segments, sample accounting policy, Sample Disclosure in Financial Statements, segmental reporting
Note On Significant Event During The Year – Lifting Of PN 17 Status The Company had previously announced on 8 April 2008 that it intended to undertake a regularisation scheme to address its status under the Amended Practice Note 17/2005 of the Listing Requir...
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Tagged As: PN 17 companies, PN 17 disclosure, Sample Disclosure in Financial Statements, significant event
Realised and Unrealised Profits On 25 March 2010, Bursa Malaysia Securities Berhad (“Bursa Malaysia”) issued a directive to all listed issuers pursuant to Paragraphs 2.06 and 2.23 of Bursa Malaysia Main Market Listing Requirements. The directive requires a...
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Tagged As: Bursa Malaysia Guidance of Special Matter 1, note on realised and unrealised profits, Sample Disclosure in Financial Statements
RESERVES i. Share premium arose from the issuance of 10,575,000 shares of RM1.00 each at a premium of RM0.15 per share, net of listing expenses. ii. Asset revaluation surplus arose from revaluation of freehold land...
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Tagged As: assets revaluation reserves, distributable reserves, non distributable reserves, reserves, share premium