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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
NOTES TO THE FINANCIAL STATEMENTS
– 30 SEPTEMBER 2016
1. GENERAL INFORMATION
The Company is a public limited liability company, incorporated and domiciled in Malaysia and is listed on the ACE
Market of Bursa Malaysia Securities Berhad.
The registered office of the Company is located at 51-13-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang.
The principal place of business of the Company is located at One Precinct, 1C-06-02, Lengkok Mayang Pasir, 11950
Bayan Baru, Penang.
The financial statements were authorised for issue by the Board of Directors in accordance with a resolution of the
directors on 18 January 2017.
Principal Activities
The principal activity of the Company is investment holding whilst that of the subsidiary are designing and assembling of
automated test equipment and test and measurement instruments and the provision of their related services and design
consultancy services.
There have been no significant changes in the nature of these activities during the financial year.
2. BASIS OF PREPARATION
2.1 Statement of Compliance
The financial statements of the Group and of the Company have been prepared in accordance with applicable
Malaysian Financial Reporting Standards (“MFRS”), International Financial Reporting Standards (“IFRS”) and the
requirements of the Companies Act, 1965 in Malaysia.
2.2 Basis of Measurement
The financial statements of the Group and of the Company are prepared under the historical cost convention
unless otherwise indicated in the summary of accounting policies below.
Historical cost is generally based on the fair value of the consideration given in exchange for goods and services.
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. The fair value measurement is based on the presumption
that the transaction to sell the asset or transfer the liability takes place either in the principal market for the asset
or liability, or in the absence of a principal market, in the most advantageous market for the asset or liability. The
principal or the most advantageous market must be accessible to by the Group and by the Company.
The fair value of an asset or a liability is measured using the assumptions that market participants would use when
pricing the asset or liability, assuming that market participants act in their best economic interest.
A fair value measurement of a non-financial asset takes into account a market participant’s ability to generate
economic benefits by using the asset in its highest and best use or by selling it to another market participant that
would use the asset in its highest and best use.
The Group and the Company use valuation techniques that are appropriate in the circumstances and for which
sufficient data are available to measure fair value, maximising the use of relevant observable inputs and minimising
the use of unobservable inputs.