ITEMS OF SIGNIFICANT AND UNUSUAL NATURE
In the opinion of the directors, the results of the operations of the Company for the financial year ended 30 June 2009 were substantially affected by the impairment loss on property, plant and equipment and prepaid land lease of RMXX,XXX,XXX and RMXX,XXX,XXX respectively. In addition, the financial results were also substantially affected by the inventories written down and the provision for employee termination benefits of RMXXX,XXX,XXX and RMXXX,XXX,XXX respectively. There were no items, transactions or events of material and unusual in nature noted in the interval between the end of the financial year and the date of this report that may affect further materially the results of the Company during the current financial year.
|Loss for the year:-
|Loss for the year from continuing operations
|Loss for the year from discontinued operations
There were no material transfer to or from reserves during the financial year.
In the opinion of the directors, the results and operations of the Group and of the Company during the financial year were not substantially affected by any item, event or transaction of material and unusual in nature except the following:-
(i) the effect arising from review of impairment of property, plant and equipment resulting in an imparment loss of RM800,000 recognised during the financial year.
(ii) the effect arising from the remeasurement of the carrying value of assets of disposal group resulting in remeasurement loss of RM900,000 as disclosed in Note X to the financial statements.
(iii) the effect arising from the review of impairment of investment in subsidiaries of the Company resulting in an imparment loss of RM500,000 recognised during the financial year.