MKH Annual Report 2019

168 A N N U A L R E P O R T 2 0 1 9 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019 15. INVESTMENT IN ASSOCIATES (CONT’D) The details of the associates, incorporated in Malaysia, are as follows: (Cont’d) Ω Interest held through Perkasa Bernas (M) Sdn. Bhd. (“PBSB”). ~ Interest held through Kajang Resources Corporation Sdn. Bhd. (“KRC”). * Interest held through Dapat Jaya Builder Sdn. Bhd.. ^ Interest disposed at cash consideration of RM2,000,000 in 2018. The above associates are accounted for using the equity method in the consolidated financial statements. The following table summarises the information of the Group’s material associate, adjusted for any differences in accounting policies and reconciles the information to the carrying amount of the Group’s interest in the associate. The Group RMSB PHMMSB DHSB RM RM RM 2019 Non-current assets 108 3,375,597 - Current assets 17,454,611 15,039,695 88,200,198 Current liabilities (4,805,741) (9,463,505) (75,920,713) Net assets 12,648,978 8,951,787 12,279,485 Results Revenue - 68,919,741 - Loss for the financial year (198,014) (1,444,614) (220,514) Total comprehensive loss (198,014) (1,444,614) (220,514) 2018 Non-current assets 356 5,117,474 - Current assets 24,939,789 22,198,983 - Current liabilities (4,593,153) (16,920,054) - Net assets 20,346,992 10,396,403 - Results Revenue - 79,269,622 - (Loss)/Profit for the financial year (1,205,454) 1,842,926 - Total comprehensive (loss)/profit (1,205,454) 1,842,926 -