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Directors’ interests (cont’d.)
Rozilawati and Rozana Zeti, by virtue of their interests in shares of the Company, are also deemed to be interested
in shares of all the subsidiaries of the Company to the extent that the Company has an interest.
Other than as stated above, none of the other directors in office at the end of the financial year had any interest in
shares in the Company or its related corporations during the financial year.
Treasury shares
During the financial year, the Company repurchased 466,100 of its issued ordinary shares.
As at 31 March 2019, the Company held as treasury shares a total of 762,400 of its 282,231,600 issued ordinary shares.
Such treasury shares are held at a carrying amount of approximately RM1,143,000. Further details are disclosed in
Note 26 to the financial statements.
Holding company
The holding company is BHR Enterprise Sdn. Bhd., which is incorporated in Malaysia.
Other statutory information
(a) Before the statements of comprehensive income and statements of financial position 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 allowance for doubtful debts and satisfied themselves that there were no known bad debts and that
adequate allowance had been made for doubtful debts; and
(ii) to ensure that any current assets which were unlikely to realise their values 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.
(b) At the date of this report, the directors are not aware of any circumstances which would render:
(i) it necessary to write off any bad debts or the amount of allowance for doubtful debts of the Group and of
the Company inadequate to any substantial extent; and
(ii) the values attributed to the current assets in the financial statements of the Group and of the Company
misleading.
(c) At the date of this report, the directors are not aware of any circumstances 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.
Directors’
Report
financial
statements
103