!-" INVESTMENT#IN#AN#ASSOCIATE Group +"+$ +"++ RM’""" RM’"""! Unquoted!shares&!at!costs !#'#%''+! !$/$&//"! Share!of!post-acquisition!results!and!reserves !(.'%,$() !/"/! Unrealised!profit!arising!from!sale!of!land!to!associate !(+$%'$') !(1"&#+1) Reclassification!to!assets!classified!as!held!for!sale!(Note!"0) !()+%".") –! !–! !$$#+! Details!of!the!associate!are!as!follows) Equity Country!of interest Name!of!associate incorporation Principal!activity held!(2) +"+$ +"++ Agile!Tropicana!Development!Sdn!Bhd Malaysia Property!development $" +# (“ATROP”) The!associate!has!been!accounted!for!using!the!equity!method!of!accounting' The!summarised!financial!information!of!the!associate!is!as!follows) Group +"+$ +"++ RM’""" RM’"""! Non-current!assets !#%,+&! !+&$/-! Current!assets !','%)$&! !,1,&$/1! Non-current!liabilities !(+,"%#')) !("%"&++1) Current!liabilities !(..%),#) !(,"&#//) Net!assets !+#.%(#(! !/#%&-"1! Revenue !+(.%,+(!! !!"1$&/#-!! Loss!before!tax !(+(,%,,") !(+1&""1) Loss!after!tax&!representing!total!comprehensive!loss !(+..%+"() !(+,&$0#) Group’s!share!of!results !(.&%)&+) !($$&1/$) Reversal!of!unrealised!profits !#.%),,! !0&#"+! Adjusted!Group’s!share!of!results !(&(%,&$) !(1&1",) The!associate!had!no!contingent!liabilities!or!capital!commitments!as!at!+$!December!"#"+!or!+$!December!"#""' NOTES TO THE FINANCIAL STATEMENTS FOR!THE!FINANCIAL!YEAR!ENDED!'$!DECEMBER!"%"' 248 ANNUAL REPORT 2023
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