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Annual Report 2017
115
DIRECTORS’
RePoRt
Other statutory information (cont’d.)
(b)
At the date of this report, the directors are not aware of any circumstances which would render:
(i)
it necessary to write off any bad debts or the amount of allowance for doubtful debts of the Group and of the Company
inadequate to any substantial extent; and
(ii)
the values attributed to the current assets in the financial statements of the Group and of the Company misleading.
(c) At the date of this report, the directors are not aware of any circumstances which have arisen which render adherence to the
existing method of valuation of assets or liabilities of the Group and of the Company misleading or inappropriate.
(d) At the date of this report, the directors are not aware of any circumstances not otherwise dealt with in this report or the 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 its
obligations as and when they fall due; and
(ii)
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.
Subsequent events
Details of subsequent events are disclosed in Note 42 to the financial statements.
Auditors
The auditors, Hanafiah Raslan & Mohamad, have expressed their willingness to continue in office. Details of auditor’s remuneration
for their services as auditors are disclosed in Note 9 to the financial statements. No payment has been made to indemnify the
auditors during or since the financial year.
Signed on behalf of the Board in accordance with a resolution of the directors dated 22 June 2017.
Tan Sri Dato’ Ir. Muhammad Radzi bin Haji Mansor
Dato’ Roslan bin Hamir