Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2019 (cont’d) 128 17. Investment in joint ventures (cont'd) (iii) 2019 2018 RM RM Posh Atlantic Sdn Bhd ("PASB") Net assets attributable to owners of the Company at 1 January 28,835,232 27,979,051 Total comprehensive income attributable to owners of Company 326,463 856,181 Net assets attributable to owners of the Company at 31 December 29,161,695 28,835,232 Group's interest in PASB 51% 51% Group's share of net assets of PASB 14,872,464 14,705,969 Unrealised profit adjustments (378,960) (463,208) Carrying amount of individually immaterial joint ventures 3,746,374 4,369,700 Carrying amount of Group's interest in joint ventures 18,239,878 18,612,461 18. Properties held for sale 2019 2018 RM RM Cost At 1 January 1,829,232 1,829,232 Disposals (1,440,294) - At 31 December 388,938 1,829,232 Group Reconciliation of the summarised financial information presented above to the carrying amount of the Group's interest in joint ventures Group