Associates Associates are those corporations, partnerships or other business entities in which the Group exercises significant influence, but which it does not control. Significant influence is the power of the Group to participate in the financial and oper...
Change of year end The financial year end of the Company was changed from 31 December to 28 February so as to coterminous with the year end of its ultimate holding company as required by section 168 (1) (b) of Companies Act 1965. Accordingly, the current fi...
Plantation Development Expenditure Plantation development expenditure comprises assets held for plantation development activities. These assets include land and buildings used for the purpose of plantation development, infrastructure costs such as roads and br...
Financial Instruments Financial instruments are recognised in the balance sheet when the Group has become a party to the contractual provisions of the instruments. Financial instruments are classified as liabilities or equity in accordance with the substance o...
PROPERTY DEVELOPMENT COSTS 2008 RM 2007 RM Land – at cost x,xxx,xxx x,xxx,xxx Add : Incidental costs xxx,xxx x,xxx,xxx x,xxx,xxx x,xxx,xxx Cumulative land cost recognised as an expense in income Statement (x,xxx,xxx) (x,xxx,xxx) x,xxx,xxx x,xxx,xxx Add : Dev...
The Company changed its financial year end from 31 March to 30 June annually with effect from the current financial period ended 30 June 2008. The financial statements for the current financial period are made up from 1 March 2007 to 30 June 2008. ...