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NOTES TO THE FINANCIAL STATEMENTS
31 MARCH 2018
fInanCIal StatementS
22. Due from/(to) subsidiaries
Company
2018
2017
RM’000
RM’000
Due from subsidiaries
244,656
223,356
Less: Allowance for impairment
(7,041)
(7,041)
237,615
216,315
Due to subsidiaries
(17,688)
(17,573)
All the amounts due from/(to) subsidiaries are unsecured, interest free and repayable on demand except for the amount due
from certain subsidiaries amounting to RM207,281,113 (2017: RM189,275,809), which bear interest of 5.5% (2017: 5.5%) per
annum.
Movement in allowance accounts:
Company
2018
2017
RM’000
RM’000
At 1 April 2017/2016
7,041
7,191
Write back for the year (Note 5)
-
(150)
At 31 March
7,041
7,041
23. Short term cash investments
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
At fair value
Investment in units
- Islamic
51,886
-
8,003
-
Short term cash investments represent funds placed with licensed fund managers. The portfolio of securities managed by the
fund managers comprise of money market funds, commercial papers and fixed deposits. Short term cash investments held
as fixed deposit placements allow prompt redemption at anytime.