Tropicana Corporation Berhad Annual Report 2017

SEC 1 • SEC 2 • SEC 3 • SEC 4 • SEC 5 > SEC 6 < SEC 1 • SEC 2 • SEC 3 • SEC 4 • SEC 5 > SEC 6 < FINANCIAL STATEMENTS FINANCIAL STATEMENTS 84 85 TROPICANA CORPORATION BERHAD / Annual Report 2017 TROPICANA CORPORATION BERHAD / Annual Report 2017 We, Dato’ Dickson Tan Yong Loong and Dion Tan Yong Chien, being two of the directors of Tropicana Corporation Berhad, do hereby state that, in the opinion of the directors, the accompanying financial statements set out on pages 90 to 184 are drawn up in accordance with Financial Reporting Standards and the requirements of the Companies Act 2016 in Malaysia so as to give a true and fair view of the financial position of the Group and of the Company as at 31 December 2017 and of their financial performance and cash flows for the financial year then ended. Signed on behalf of the Board in accordance with a resolution of the directors dated 9 April 2018. Dato’ Dickson Tan Yong Loong Dion Tan Yong Chien OTHER STATUTORY INFORMATION (CONT’D.) (d) 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. (e) As at the date of this report, there does not exist: (i) 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 (ii) any contingent liability of the Group or of the Company which has arisen since the end of the financial year. (f) In the opinion of the directors: (i) 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; (ii) the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature; and (iii) 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. SIGNIFICANT AND SUBSEQUENT EVENTS In addition to the significant events disclosed elsewhere in this report, other significant and subsequent events are disclosed respectively in Notes 40 and 41 to the financial statements. AUDITORS The auditors, Ernst & Young, have expressed their willingness to continue in office. The remuneration of the auditors of the Group and of the Company is disclosed in Note 9 to the financial statements. INDEMNIFICATION OF AUDITORS To the extent permitted by law, the Company has agreed to indemnify its auditors, Ernst & Young, as part of the terms of its audit engagement against claims by third parties arising from the audit. No payment has been made to indemnify Ernst & Young during or since the financial year. Signed on behalf of the Board in accordance with a resolution of the directors dated 9 April 2018. Dato’ Dickson Tan Yong Loong Dion Tan Yong Chien DIRECTORS’ REPORT STATEMENT BY DIRECTORS Pursuant to Section 251(2) of the Companies Act 2016 STATUTORY DECLARATION Pursuant to Section 251(1)(b) of the Companies Act 2016 I, Lim Lai Seng, being the officer primarily responsible for the financial management of Tropicana Corporation Berhad, do solemnly and sincerely declare that the accompanying financial statements set out on pages 90 to 184 are in my opinion correct, and I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions of the Statutory Declarations Act, 1960. Subscribed and solemnly declared by the abovenamed Lim Lai Seng at Petaling Jaya in the State of Selangor Darul Ehsan on 9 April 2018 Lim Lai Seng Before me, Commissioner of Oaths TROPICANA CORPORATION BERHAD Annual Report 2017 ABOUT TROPICANA STRATEGIC PERFORMANCE LEADERSHIP SUSTAINABILITY GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION