Kimlun Corporation Berhad Annual Report 2020

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF KIMLUN CORPORATION BERHAD (INCORPORATED IN MALAYSIA) Kimlun Corporation Berhad Opinion Basis for opinion Independence and other ethicalresponsibilities We have auditedthe financial statements of Kimlun Corporation Berhad, which comprise the statements of financial position as at 31 December 2020 of the Group andof the Company, andthe statements of comprehensive income, statements of changes in equity andstatements of cash flows of the Group andof the Company for the year then ended, and notes to the financial statements, including a summary of significant accounting policies, as set out on pages 72 to 163. In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group andof the Company as at 31 December 2020, andof their financial performance and their cash flows for the year then ended in accordance with Malaysian Financial ReportingStandards, International Financial ReportingStandards and the requirements of the Companies Act 2016 in Malaysia. We conductedour audit in accordance with approvedstandards on auditingin Malaysia and International Standards on Auditing. Our responsibilities under those standards are further describedin the Auditors’ responsibilities for the audit of the financialstatements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. We are independent of the Group andof the Company in accordance with the By-Laws (on Professional Ethics, Conduct andPractice) of the Malaysian Institute of Accountants (“By- Laws”) and the International Code of Ethics for Professional Accountants (including International Independence Standards) (“IESBA Code”), andwe have fulfilled our other ethical responsibilities in accordance with the By-Laws andthe IESBA Code. - 9 - Jeport on the audit o^ the ^inancial statements 15 06. 6 Annual Report 2020 066