Kimlun Corporation Berhad Annual Report 2020

DIRECTORS’ REPORT 200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) Other statutory information (cont'd) (c) (d) (e) As at the date of this report, there does not exist: (i) (ii) (f) In the opinion of the directors: (i) (ii) any charge on the assets of the Group or of the Company which has arisen since the end of the financial year which secures the liabilities of any other person; or any contingent liability of the Group and of the Company which has arisen since the end of the financial year. At the date of this report, the directors are not aware of any circumstances not otherwise dealt with in this report or financial statements of the Group and of the Company which would render any amount stated in the financial statements misleading. no contingent or other liability has become enforceable or is likely to become enforceable within the period of twelve months after the end of the financial year which will or may affect the ability of the Group or of the Company to meet their obligations when they fall due; and no item, transaction or event of a material and unusual nature has arisen in the interval between the end of the financial year and the date of this report which is likely to affect substantially the results of the operations of the Group or of the Company for the financial year in which this report is made. At the date of this report, the directors are not aware of any circumstances which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and of the Company misleading or inappropriate. - 6 - Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) 063