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AEMULUS HOLDINGS BERHAD
TA R G E T I N G T H E B U L L’ S E Y E
OTHER STATUTORY INFORMATION
Before the financial statements of the Group and of the Company were made out, the directors took reasonable steps:
(i)
to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of provision for
doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate provision had
been made for doubtful debts, and
(ii)
to ensure that any current assets which were unlikely to realise their value as shown in the accounting records in the
ordinary course of business had 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 the amount written off for bad debts or the amount of the provision for doubtful debts in the Group
and the Company inadequate to any substantial extent, and
(ii)
that would render the value attributed to the current assets in the financial statements of the Group and of the Company
misleading, and
(iii) that would render any amount stated in the financial statements of the Group and of the Company misleading, and
(iv) which have arisen which render adherence to the existing methods of valuation of assets or liabilities of the Group and
of the Company misleading or inappropriate.
At the date of this report, there does not exist:
(i)
any charge on the assets of the Group and of the Company that has arisen since the end of the financial year which
secures the liabilities of any other person, and
(ii)
any contingent liability in respect of the Group and of the Company that has arisen since the end of the financial year.
No contingent liability or other liability of the Group and of the Company has become enforceable, or is likely to become
enforceable, within the period of twelve months after the end of the financial year which, in the opinion of the directors, will
or may substantially affect the ability of the Group and of the Company to meet its obligations as and when they fall due.
SIGNIFICANT EVENT DURING THE FINANCIAL YEAR
The details of significant event during the financial year are disclosed in Note 29 to the financial statements.
AUDITORS
The auditors,
Grant Thornton
, have expressed their willingness to continue in office.
Signed in accordance with a resolution of the directors:
Ng Sang Beng
Kan Ky-Vern
Penang,
Date: 18 January 2017
DIRECTORS’ REPORT
(Cont’d)
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2016