At the end of the financial periodyear 18750000 18750000 Company Quasi loan

At the end of the financial periodyear 18750000

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At the end of the financial period/year 18,750,000 18,750,000 Company Quasi loan represents advances and payments made on behalf of which the settlement is neither planned nor likely occur in the foreseeable future. This amount is in substance, a part of the Company’s net investment in a subsidiary. The quasi loan is stated at cos t less accumulated impairment losses, if any. Movement in allowance for impairment losses in respect of investment in subsidiaries are as follows: 2018 2017 RM RM At the beginning of the financial period/year 81,673,553 84,289,674 Additions 3,343,041 - Disposal (81,248,198) - Reversal (325,350) (2,616,121) Written off (2) - At the end of the financial period/year 3,443,044 81,673,553 Company NOTES TO THE FINANCIAL STATEMENTS - 31 DECEMBER 2018
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