Annual Report
2015
|
DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
53
Options granted over unissued shares
No options were granted to any person to take up unissued shares of the Company during the year.
Other statutory information
Before the financial statements of the Group and of the Company were made out, the Directors took reasonable
steps to ascertain that:
i)
there are no bad debts to be written off and no provision need be made for doubtful debts; and
ii)
any current assets which were unlikely to be realised in the ordinary course of business have been written
down to an amount which they might be expected so to realise.
At the date of this report, the Directors are not aware of any circumstances:
i)
that would render it necessary to write off any bad debts or provide for any doubtful debts, or
ii)
that would render the value attributed to the current assets in the financial statements of the Group and
of the Company misleading, or
iii)
which have arisen which render adherence to the existing method of valuation of assets or liabilities of the
Group and of the Company misleading or inappropriate, or
iv) not otherwise dealt with in this report or the financial statements, that would render any amount stated in
the financial statements of the Group and of the Company misleading.
At the date of this report, there does not exist:
i)
any charge on the assets of the Group or of the Company that has arisen since the end of the year and
which secures the liabilities of any other person, or
ii)
any contingent liability in respect of the Group or of the Company that has arisen since the end of the
year, other than as disclosed in Note 40 (a) to the financial statements.
No contingent liability or other liability of any company in the Group has become enforceable, or is likely to
become enforceable within the period of twelve months after the end of the year other than as disclosed in
Note 20 to the financial statements which, in the opinion of the Directors, will or may substantially affect the
ability of the Group and of the Company to meet their obligations as and when they fall due.
In the opinion of the Directors, except for property, plant and equipment written off of RM36 million as well as
recognition of other non-operating income of RM108 million, as disclosed in Note 3 and Note 24 respectively
to the financial statements, the financial performance of the Group and of the Company for the year ended
31 December 2015 have not been substantially affected by any item, transaction or event of a material and
unusual nature nor has any such item, transaction or event occurred in the interval between the end of that
year and the date of this report.
Significant events
The details of the significant events are disclosed in Note 39 to the financial statements.
Subsequent events
The details of the subsequent events are disclosed in Note 40 to the financial statements.
Directors’
Report
for the year ended 31 December 2015 (cont’d)
