129 ENRA GROUP BERHAD ANNUAL REPORT 2025 ENRA GROUP BERHAD (Incorporated in Malaysia) NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2025 1. CORPORATE INFORMATION ENRA Group Berhad (“the Company”) is a public limited liability company, incorporated and domiciled in Malaysia, and is listed on the Main Market of Bursa Malaysia Securities Berhad. The registered office and principal place of business of the Company is located at D3-U6-15, Block D3, Solaris Dutamas, No.1, Jalan Dutamas 1, 50480 Kuala Lumpur. The consolidated financial statements for the financial year ended 31 March 2025 comprise the Company and its subsidiaries. These financial statements are presented in Ringgit Malaysia (“RM”), which is also the functional currency of the Company. All financial information presented in RM has been rounded to the nearest thousand, unless otherwise stated. The financial statements were authorised for issue in accordance with a resolution by the Board of Directors on 29 July 2025. 2. PRINCIPAL ACTIVITIES The Company is principally engaged in property investment, investment holding, management services activities and sale of completed properties. The principal activities of the subsidiaries are mainly property development and trading, investment holding, provision of project management of engineering, procurement, construction of structure, building, civil works, other architectural, related technical consultancy and commissioning and decommissioning for multi-discipline in oil & gas industries, provision of upstream and midstream infrastructure technology solution to the oil and gas industry, bareboat leasing and related services, and the chartering of ships and boats with crew (freight). Further details of the subsidiaries are disclosed in Note 6 to the financial statements There have been no significant changes in the nature of the activities of the Company and its subsidiaries during the financial year, other than the newly additional principal activities of provision of engineering design, fabrication & construction, installation, leasing, removal, reinstatement, and refurbishment of single point mooring systems, floating production storage & offloading (FPSO) units and floating storage & offloading (FSO) units for the oil and gas industry. 3. BASIS OF PREPARATION The financial statements of the Group and of the Company have been prepared in accordance with Malaysian Financial Reporting Standards (“MFRSs”), IFRS Accounting Standards and the provisions of the Companies Act 2016 in Malaysia. The accounting policies adopted are consistent with those of the previous financial year except for the effects of adoption of new MFRSs during the financial year. The new MFRSs and Amendments to MFRSs adopted during the financial year are disclosed in Note 32.1 to the financial statements. NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2025
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