240 KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2025 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2025 14. INVESTMENT IN ASSOCIATES Group Bank 2025 RM’000 2024 RM’000 2025 RM’000 2024 RM’000 Unquoted shares at cost At 1 January 88,223 71,618 85,040 68,435 Less: Disposal of associates (3,183) - - - Add: Transfer from investment at FVTPL - 10,000 - 10,000 Add: Subscription of new redeemable convertible preference shares - 6,605 - 6,605 At 31 December 85,040 88,223 85,040 85,040 Fair value revaluation gain 6,804 6,804 6,804 6,804 Share of post acquisition gain 41,305 39,945 - - Share of changes in other comprehensive (loss)/ income (7,200) 9,242 - - Dividends received (10,646) (5,729) - - Foreign exchange differences 13,636 25,060 - - 128,939 163,545 91,844 91,844 Less: Accumulated impairment losses (4,549) (4,549) - - 124,390 158,996 91,844 91,844 Represented by: Share of net tangible assets 124,390 158,996
RkJQdWJsaXNoZXIy NDgzMzc=