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At the end of the financial period/year18,750,00018,750,000CompanyQuasi 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 cost less accumulated impairment losses, if any. Movement in allowance for impairment losses in respect of investment in subsidiaries are as follows: 20182017RMRMAt the beginning of the financial period/year81,673,55384,289,674Additions3,343,041-Disposal(81,248,198)-Reversal(325,350)(2,616,121)Written off(2)-At the end of the financial period/year3,443,04481,673,553CompanyNOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2018