Serba Dinamik Annual Report 2016

2016 Annual Report 133 NOTES TO THE FINANCIAL STATEMENTS (Cont’d) 5. INVESTMENT IN ASSOCIATES - GROUP (CONT’D) The particulars of the associates are as follows: Effective ownership interest Country of Principal and voting interest Associate incorporation activities 2016 % Serba Dinamik Qatar Dormant 49 International Qatar * Adat Sanjung Sdn. Bhd.* Malaysia Investment holdings 30 * Audited by another firm of Chartered Accountants. Reconciliation of net assets Adat Sanjung Sdn. Bhd. RM As at 31 December 2016 Group’s share of net assets – Goodwill 12,220,000 Carrying amount in the statement of financial position 12,220,000 6. OTHER INVESTMENTS - GROUP 2016 RM Non-current Available-for-sale financial assets - quoted shares in Malaysia 106,090 - unit trust 200,345 306,435 Current Loans and receivables - Fixed deposits placed with licensed banks with original maturities exceeding three months 52,445,755 Representing items: - market value of quoted shares (Note 24) 132,325 - fair value of unit trust (Note 24) 204,606 Fixed deposits are pledged for banking facilities granted to the subsidiaries (see Note 14).