OTHER!STATUTORY!INFORMATION!(CONT’D*) (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*!as!the!plan!to!address!the!Group’s!liquidity!constraints&!set!out!in!Note!"'$!to!the!financial!statements&! is!expected!to!be!achievable*!which!will!or!may!substantially!a(ect!the!ability!of!the!Group!or!of!the!Company!to!meet!their! obligations!when!they!fall!due*! (ii) the!results!of!the!operations!of!the!Group!and!of!the!Company!during!the!financial!year!were!not!substantially!a(ected!by!any! item&!transaction!or!event!of!a!material!and!unusual!nature!other!than!the!provision!for!foreseeable!losses!on!land!held!for!sales!as! disclosed!in!Note!1+!to!the!financial!statements*!and (iii) no!item&!transaction!or!event!of!a!material!and!unusual!nature!has!arisen!in!the!interval!between!the!end!of!the!financial!year!and! the!date!of!this!report!which!is!likely!to!a(ect!substantially!the!results!of!the!operations!of!the!Group!or!of!the!Company!for!the! financial!year!in!which!this!report!is!made' SIGNIFICANT!AND!SUBSEQUENT!EVENTS In!addition!to!the!significant!events!disclosed!elsewhere!in!this!report&!other!significant!and!subsequent!events!are!disclosed!respectively!in! Notes!1+!and!11!to!the!financial!statements' AUDITORS The!auditors&!Ernst!&!Young!PLT&!have!expressed!their!willingness!to!continue!in!o2ce' Auditors’!remunerations!of!the!Group!and!of!the!Company!are!RM$&,-0&###!and!RM+-+&###!respectively' INDEMNIFICATION!OF!AUDITORS To!the!extent!permitted!by!law&!the!Company!has!agreed!to!indemnify!its!auditors&!Ernst!&!Young!PLT&!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!PLT!during!or!since! the!financial!year' Signed!on!behalf!of!the!Board!in!accordance!with!a!resolution!of!the!directors!dated!"-!April!"#"1' Din!Tan!Yong!Chia Jared!Ang!Tzer!Shen DIRECTORS’ REPORT 176 ANNUAL REPORT 2023
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