Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 16. Investment in subsidiaries (cont'd) (e) Acquisition of Kii Melodia Sdn. Bhd. (f) Financial information of subsidiary with material non-controlling interests Summarised statements of financial position RM At 31 December 2020 Current assets, representing total assets 16,422,071 Current liabilities, representing total liabilities 15,854 Net assets 16,406,217 Equity attributable to non-controlling interests 8,367,171 Summarised statements of comprehensive income RM For the period from 28 October 2020 to 31 December 2020 Total comprehensive loss 2,224 Total comprehensive loss attributable to: - owner of the Company 1,090 - non-controlling interests 1,134 2,224 (i) Summarised financial information of BDSB which has non-controlling interests that are material to the Group is set out below. The summarised financial information presented below is the amount before inter-company elimination. (ii) During the financial year, KABSB together with a third party, incorporated a subsidiary company, Kii Melodia Sdn. Bhd. ("KMLDSB"). KABSB subscribed for 695 ordinary shares in KMLDSB for a total consideration of RM695. Subsequent to the subscription, KMLDSB became a 69.5% owned subsidiary of KABSB. - 71 - Annual Report 2020 128 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020