ANNUAL REPORT 2025 179 NOTES TO THE FINANCIAL STATEMENTS 200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 15. Investment in subsidiaries (cont'd) (b) In the previous financial year: (cont'd) (ii) Disposal of subsidiaries (cont'd) KTSB RSSB Total RM RM RM Net assets derecognised Development properties - 41,113,609 41,113,609 Other current assets - 1,899,773 1,899,773 Cash and bank balances 10 143,531 143,541 Loan and borrowings - (24,699,641) (24,699,641) Payables and other liabilities (5,000) (17,996,295) (18,001,295) Net assets derecognised (4,990) 460,977 455,987 Less: Non-controlling interest derecognised 1,497 (184,391) (182,894) Proceeds from disposal (7) (6) (13) (Gain)/loss on disposal of subsidiaries (3,500) 276,580 273,080 The effect of disposal of shares in subsidiaries on cash flows was as follows: KTSB RSSB Total RM RM RM Cash outflow arising on disposal (3) (143,525) (143,528) (c) The non-controlling interests at the end of the reporting period comprise the following: Proportion (%) of ownership interest 2025 2024 2025 2024 RM RM Bayu Damai Sdn. Bhd. 51 51 24,993,981 25,097,479 Other individually immaterial subsidiaries 6,655,724 1,214,696 31,649,705 26,312,175 Group On the date of disposal, the difference between the consideration and the book value of the interest disposed was reflected as gain or loss on disposal in profit or loss. - 59 -
RkJQdWJsaXNoZXIy NDgzMzc=