60
Annual Report 2015
1.
GENERAL INFORMATION
The Company is a public company limited by shares and is incorporated under the Companies Act
1965 in Malaysia. The domicile of the Company is Malaysia. The registered office and principal place
of business are at Level 6, Bangunan Setia 1, No. 15, Lorong Dungun, Damansara Heights, 50490 Kuala
Lumpur.
The financial statements were authorised for issue by the Board of Directors in accordance with a
resolution of the directors dated 29 May 2015.
2.
PRINCIPAL ACTIVITIES
The Company is principally engaged in the businesses of investment holding and provision of
management services to its subsidiaries. The principal activities of the subsidiaries are set out in Note
6 to the financial statements. There have been no significant changes in the nature of these activities
during the financial period.
3.
BASIS OF PREPARATION
3.1 BASIS OF ACCOUNTING
The financial statements of the Group are prepared under the historical cost convention and
modified to include other bases of valuation as disclosed in other sections under significant
accounting policies, and in compliance withMalaysian Financial Reporting Standards (“MFRSs”),
International Financial Reporting Standards and the requirements of the Companies Act 1965
in Malaysia.
(a) During the financial period, the Group has adopted the following new accounting
standard(s) and/or interpretation(s) (including the consequential amendments, if any):-
MFRSs and/or IC Interpretations (Including The Consequential Amendments)
Amendments to MFRS 10, MFRS 12 and MFRS 127 (2011): Investment Entities
Amendments to MFRS 132: Offsetting Financial Assets and Financial Liabilities
Amendments to MFRS 136: Recoverable Amount Disclosures for Non-financial Assets
Amendments toMFRS 139: Novation of Derivatives andContinuation of Hedge Accounting
IC Interpretation 21 Levies
The adoption of the above accounting standard(s) and/or interpretation(s) (including the
consequential amendments, if any) did not have any material impact on the Group’s
financial statements.
NOTES TO THE FINANCIAL STATEMENTS
For The Financial Period From 1 January 2014 To 31 March 2015
