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ASIA MEDIA GROUP BERHAD

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Table ofContents

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CORPORATE PHILOSOPHY

3

CORPORATE STRUCTURE

4

CORPORATE INFORMATION

5

CHAIRMAN’S STATEMENT

6

NEWS & ARTICLES

9

EVENT HIGHLIGHT

10

MANAGEMENT DISCUSSION AND ANALYSIS

11

BOARD OF DIRECTORS’ PROFILE & KEY SENIOR MANAGEMENT

22

CORPORATE SUSTAINABILITY STATEMENT

24

STATEMENT OFDIRECTORS’ RESPONSIBILITIES

25

CORPORATE GOVERNANCE STATEMENT

26

ADDITIONAL COMPLIANCE INFORMATION

40

STATEMENT ON RISK MANAGEMENTAND INTERNAL CONTROL

41

AUDIT COMMITTEE REPORT

43

ANALYSIS OF SHAREHOLDINGS

128

ANALYSIS OF WARRANT HOLDINGS

131

NOTICE OFNINTH ANNUAL GENERAL MEETING

134

FinancialStatements

47

DIRECTORS’ REPORT

48

STATEMENT BY DIRECTORS

54

STATUTORY DECLARATION

54

INDEPENDENT AUDITORS’ REPORT

55

STATEMENTS OF FINANCIAL POSITION

61

STATEMENTS OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOME

63

STATEMENTS OF CHANGES IN EQUITY

64

STATEMENTS OF CASH FLOWS

67

NOTES TO THE FINANCIAL STATEMENTS

69

Corporate information

69

Basis of preparation

69

Summary of significant accounting policies

72

Significant accounting judgements, estimates and assumptions

92

Property, plant and equipment

96

Plantation development expenditure

99

Other intangible assets

100

Development costs

101

Investment in subsidiaries

101

Goodwill on consolidation

104

Trade and other receivables

105

Share capital

107

Reserves

108

Trade and other payables

109

Short term borrowings

110

Revenue

110

Loss before tax

111

Employee benefits expense

112

Directors ’ remuneration

112

Income tax credit

113

Loss per share

114

Significant related party disclosures

115

Financial risk management objectives and policies

116

Fair value of financial instruments

118

Capital management

119

Segmental information

120

Significant events during the year

125

Material litigation

126

Supplementary information – breakdown of retained profits into realised and unrealised

127