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129

Frontken Corporation Berhad (651020-T)

ANNUAL REPORT

2016

31. FOREIGN EXCHANGE RATES

The principal closing foreign exchange rates used (expressed on the basis of one unit of foreign currency to Ringgit

Malaysia equivalent) for the translation of foreign currency balances at the end of the reporting period are as follows:-

The Group/The Company

2016

2015

RM

RM

Singapore Dollar

3.10

3.04

United States Dollar

4.49

4.29

Philippine Peso

0.09

0.09

New Taiwan Dollar

0.14

0.13

Euro

4.72

4.69

Chinese Renminbi

0.65

0.66

Indonesian Rupiah

0.00033

0.00031

Thai Baht

0.13

0.12

Notes To The Financial Statements

(cont’d)