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The Group is exposed to foreign currency exchange risk as a result of foreign currency transactions entered into in currencies other than their functional currencies bythe subsidiary companies. These companies enter into short-term forward foreign exchange contracts to manage their exposure to fluctuations in foreign currencyexchange rates on specific transactions arising from trade receivables, payables and capital expenditure. As at 31 December 2017, the Group does not have any significant financial liabilities measured at fair value through profit or loss other than the disclosure in note A15.3 MONTHS ENDEDThe interim financial statements have been approved for issue in accordance with a resolution of the Board of Directors dated 22 February 2018.Fair Value Changes of Financial LiabilitiesYEAR ENDEDThe policies in place for mitigating or controlling the risks associated with these derivatives;The related accounting policies. The net cash requirements relating to these contracts was RM 4,890,000.The Auditors' report on the Group’s financial statements for the year ended 31 December 2016 was not qualified.No derivative was entered into by the Company which has not been disclosed in the preceding financial year or any quarters in the current financial year. Since the endof the previous financial year or any quarters in the current financial year, there is a no change in any of the information disclosed in respect of the following:Fair ValueNOTES PURSUANT TO BURSA LISTING REQUIREMENTS: CHAPTER 9, APPENDIX 9B, PART A (continued)The credit risk, market risk and liquidity risks associated with the derivatives; 11