8. INVESTMENTS IN SUBSIDIARIES (continued) (h) On 25 June 2025, a wholly-owned subsidiary of the Company, Malaysian Book Promotions Sdn. Bhd. had disposed of its entire ownership of shares in Media Distribution Sdn. Bhd. to the Company for a cash consideration of RM10,000. There was no material financial impact to the financial position and financial performance of the Group and of the Company arising from the internal restructuring within the Group. (i) On 1 August 2025, a wholly-owned subsidiary of the Company, The Malaya Press Sdn. Bhd. acquired 100% equity interest in Malaya Publishing and Printing Company Sdn. Bhd. for a cash consideration of RM1. There was no material financial impact to the financial position and financial performance of the Group arising from the acquisition. 9. OTHER INVESTMENTS Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Fair value through profit or loss Club membership 37 37 - - Fair value through other comprehensive income Unquoted shares outside Malaysia 1,411 1,411 1,411 1,411 1,448 1,448 1,411 1,411 (a) Club membership of the Group was categorised as Level 3 in the fair value hierarchy. Fair value of club memberships is determined by reference to prevailing offer price of these club memberships price. (b) The Group designated unquoted shares as fair value through other comprehensive income because these equity securities represent investments that the Group intend to hold for long-term strategic purposes. Investment in unquoted shares of the Group were categorised as Level 3 in the fair value hierarchy. Fair value of investment in unquoted shares was estimated based on the price to book valuation model, for which the price to book ratio is a significant unobservable input. There was no transfer between levels in hierarchy during the financial year. Sensitivity analysis for other investments in unquoted shares is not disclosed as it is not material to the Group and the Company. ANNUAL REPORT 2025 Financial Statements (conঞ nued) 115
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