Sasbadi Annual Report 2017

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2017 62 SASBADI HOLDINGS BERHAD (1022660-T) I BER AD (10 2 60-T) Other statutory information (continued) No contingent liability or other liability of any company in the Group has become enforceable, or is likely to become enforceable within the period of twelve months after the end of the financial year which, in the opinion of the Directors, will or may substantially affect the ability of the Group and of the Company to meet their obligations as and when they fall due. In the opinion of the Directors, other than the effect arising from the acquisition of subsidiaries and non-controlling interest as disclosed in Note 29 to the financial statements, the financial performance of the Group and of the Company for the financial year ended 31 August 2017 have not been substantially affected by any item, transaction or event of a material and unusual nature nor has any such item, transaction or event occurred in the interval between the end of that financial year and the date of this report. Significant events during the financial year Significant events during the financial year are disclosed in Note 28 to the financial statements.