MKH Annual Report 2018

191 MKH Berhad Annual Report 2018 35. SEGMENT INFORMATION (Cont’d) Geographical information Revenue and non-current assets information is presented based on the segment’s country of domicile. Revenue from external customers based on the location of its customers has not been disclosed as revenue earned outside the segment’s country of domicile is insignificant. Non-current assets do not include financial instruments, investment in associates, deferred tax assets and tax recoverable. Revenue Non-current assets 2018 2017 2018 2017 RM RM RM RM Malaysia 810,921,987 797,171,485 1,266,249,928 1,311,364,616 Republic of Indonesia 263,196,707 260,538,361 406,675,170 464,820,298 The Peoples’ Republic of China 7,582,221 11,123,656 19,736,940 21,424,690 1,081,700,915 1,068,833,502 1,692,662,038 1,797,609,604 Major customer information There is no single customer with revenue equal or more than 10% of the Group revenue. 36. SIGNIFICANT EVENTS DURING THE FINANCIAL YEAR (a) On 16 January 2018, Kajang Resources Corporation Sdn. Bhd. (“KRC”), a wholly owned subsidiary of the Company, acquired 2 ordinary shares representing 100% of the equity interest in MKH Property Ventures Sdn. Bhd. (“MPVSB”), for a cash consideration of RM2. Subsequently on 28 February 2018 and 27 March 2018, KRC subscribed for 509,998 and 19,890,000 new ordinary shares in MPVSB, representing 51% of the total allotment of 999,998 and 39,000,000 new ordinary shares respectively. As a result, MPVSB became a 51% owned subsidiary of KRC and of the Group; (b) On 17 January 2018, the Company acquired 2 ordinary shares representing 100% of the equity interest in Metro Readymix Sdn. Bhd. (“MRSB”), for a cash consideration of RM2. As a result, MRSB became a 100% owned subsidiary of the Company; and (c) On 29 January 2018, Metro Tiara (M) Sdn. Bhd. (“MTSB”), a wholly owned subsidiary of the Company, disposed 2,000,000 ordinary shares representing 20% of the equity interest in Ra esia School (Kajang) Sdn. Bhd. (“RSKSB”), for a total cash consideration of RM2,000,000. The disposal was completed on 8 March 2018. As a result, RSKSB has ceased to become an associate of MTSB and of the Group. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018