190 1. CORPORATE INFORMATION The Company is a public limited liability company, incorporated and domiciled in Malaysia and is listed on the Main Market of the Bursa Malaysia Securities Berhad. The registered office of the Company is located at E-10-4, Megan Avenue 1, 189, Jalan Tun Razak, 50400 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur. The principal place of business of the Company is located at Level 43A, Zetrix Tower, Empire City, No. 8, Jalan Damansara, PJU 8, 47820 Petaling Jaya, Selangor Darul Ehsan. The principal activities of the Company are engaged in the businesses of development and implementation of the electronic government services project and the provision of other related services for the electronic government services project and the provision of information technology solutions and services and investment holding. The principal activities of its subsidiaries are disclosed in Note 7 to the financial statements. 2. BASIS OF PREPARATION (a) Statement of compliance The financial statements of the Group and of the Company have been prepared in accordance with Malaysian Financial Reporting Standards (“MFRSs”), International Financial Reporting Standards and the requirements of the Companies Act 2016 in Malaysia. The financial statements of the Group and of the Company have been prepared under the historical cost convention, unless otherwise indicated in the material accounting policy information in the respective notes. The Group and the Company have consistently applied the accounting policies throughout all periods presented in the financial statements unless otherwise stated. (i) Adoption of new and amended standards During the financial year, the Group and the Company have adopted the following amendments to MFRSs issued by the Malaysian Accounting Standards Board (“MASB”) that are mandatory for current financial year: Amendments to MFRS 16 Lease Liability in a Sale and Leaseback Amendments to MFRS 101 Classification of Liabilities as Current or Non-current Amendments to MFRS 101 Non-current Liabilities with Covenants Amendments to MFRS 107 and MFRS 7 Supplier Finance Agreement The adoption of the amendments to MFRSs did not have any significant impact on the financial statements of the Group and of the Company. NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ
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