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Annual Report 2016
ASIA MEDIA GROUP Berhad
51
Directors’ Report
(continued)
OTHER STATUTORY INFORMATION
(CONT’D)
(b) At the date of this report, the Directors are not aware of any circumstances which would render:
(i) the amount written off for bad debts or the allowance for doubtful debts in the financial
statements 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 would render adherence to the existing method of valuation of assets or liabilities of the
Group and of the Company misleading or inappropriate.
(d) At the date of this report, the Directors are not aware of any circumstances not otherwise dealt
with in this report or financial statements of the Group and of the Company which would render
any amount stated in the financial statements misleading.
(e) As at the date of this report, there does not exist:
(i) any charge on the assets of the Group or of the Company which has arisen since the end
of the financial year which secures the liabilities of any other person; or
(ii) any contingent liability of the Group or of the Company which has arisen since the end of
the financial year.
(f) In the opinion of the Directors:
(i) no contingent or other liability has become enforceable or is likely to become enforceable
within the period of twelve months after the end of the financial year which will or may
affect the ability of the Group or of the Company to meet their obligations as and when
they fall due; and
(ii) The results of the operations of the Group and of the Company during the financial period
were not, in the opinion of the Directors, substantially affected by any item, transaction
or event of a material and unusual nature other than the impairment losses on property,
plant and equipment and other intangible assets of a subsidiary as disclosed in Notes 5,
7 and 17 to the financial statements.