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 property, plant and equipment and their respective tax bases. This is due to the directors are of the opinion that the deferred tax liability is not probable to crystalize in the foreseeable future as a result of the tax holiday period enjoyed by the Company as a pioneer status company, granted by the Government of Malaysia.