Chemical Company of Malaysia Berhad Annual Report 2019

9. Deferred tax (assets)/liabilities (continued) Unrecognised deferred tax assets Deferred tax assets have not been recognised in respect of the following items:   Group 2019 2018 Tax losses carry-forwards (70,801) (71,093) Other deductible temporary differences (96) (792) (70,897) (71,885) Deferred tax assets have not been recognised in respect of these items because it is not probable that future taxable profit will be available against which the Group can utilise the benefits there from. The unused tax losses amounting to RM70.6mil will expire in year of assessment 2025 and RM0.2mil will expire in year of assessment 2026. BUSINESS OVERVIEW OTHER INFORMATION GOVERNANCE STRUCTURE 167 ANNUAL REPORT 2019 FINANCIAL STATEMENTS

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