SECTION 05 : FINANCIAL STATEMENTS & OTHERS 86 Directors’ Report (Cont’d) Registration No: 8 199201005296 (236800 - T) OTHER STATUTORY INFORMATION REGARDING THE GROUP AND THE COMPANY (continued) (II) FROM THE END OF THE FINANCIAL YEAR TO THE DATE OF THIS REPORT (c) The Directors are not aware of any circumstances: (i) which would necessitate the writing off of bad debts or render the amounts of the provision for doubtful debts in the financial statements of the Group and of the Company inadequate to any material extent; (ii) which would render the values attributed to current assets in the financial statements of the Group and of the Company misleading; and (iii) which have arisen which would render adherence to the existing method of valuation of assets or liabilities of the Group and of the Company misleading or inappropriate. (d) In the opinion of the Directors: (i) there has not arisen any item, transaction or event of a material and unusual nature likely to affect substantially the results of the operations of the Group and of the Company for the financial year in which this report is made. (ii) no contingent or other liability has become enforceable, or is likely to become enforceable, within the period of twelve (12) months after the end of the financial year which will or may affect the ability of the Group and of the Company to meet their obligations as and when they fall due. (III) AS AT THE DATE OF THIS REPORT (e) There are no charges on the assets of the Group and of the Company which have arisen since the end of the financial year to secure the liabilities of any other person. (f) There are no contingent liabilities of the Group and of the Company which have arisen since the end of the financial year. (g) The Directors are not aware of any circumstances not otherwise dealt with in the report or the financial statements which would render any amount stated in the financial statements of the Group and of the Company misleading. SIGNIFICANT EVENTS SUBSEQUENT TO THE END OF THE REPORTING PERIOD (a) On 10 April 2026, Q Homes Sdn. Bhd., an indirect 51% owned subsidiary of the Company, terminated the Share Sale and Purchase Agreements dated 28 May 2025 with PNN Resources Sdn. Bhd. in respect of the proposed disposal of the entire share capital of its wholly-owned subsidiaries, Makmur Homes Sdn. Bhd. and BRP Homes Sdn. Bhd. due to non-fulfilment of the conditions precedent. (b) On 13 April 2026, ENRA Engineering And Fabrication Sdn. Bhd., a wholly-owned subsidiary of ENRA Engineering & Construction Sdn. Bhd. (“EEC”), which in turn is a wholly owned subsidiary of the Company, was struck off from the register pursuant to Section 550 of the Companies Act 2016.
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