210 MKH BERHAD | ANNUAL REPORT 2023 16. INVESTMENT IN ASSOCIATES (CONT’D) The reconciliation of net assets to carrying amount of the associates is as follows: (Cont’d) RMSB PHMMSB DHSB SMMSB Total RM RM RM RM RM 2023 Group’s share of net assets 1,690,389 9,979,299 13,888,946 70,817 25,629,451 Group’s share of results in associates 17,681 4,019,335 (766,330) 23,872 3,294,558 2022 Group’s share of net assets 5,272,708 5,959,964 14,655,276 46,945 25,934,893 Group’s share of results in associates 101,338 3,201,300 (1,900,210) (2,055) 1,400,373 17. OTHER INVESTMENT The Group 2023 2022 RM RM Financial asset at fair value through profit or loss Quoted shares in Malaysia and Overseas At beginning of year 775,849 355,820 Additions during the year 157,862 889,439 Disposal during the year (135,150) (114,576) Changes in fair value (Note 6) (42,324) (354,834) At end of year 756,237 775,849 Fair value hierarchy for other investment has been disclosed in Note 46. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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