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2020-07-13: Auditor's Opinion

ASIAPACINS: The auditor of Asia Pacific General Insurance Company Ltd. has given the following ''Emphasis of Matter'' in the audit report of the company for the year ended on 31 December 2019. ''Emphasis of Matter: We draw attention to note 1.06 to the financial statement where describes the company not yet introduced IFRS 16: Lease for rental expenses for office spaces (Rental premises). Moreover, the note no. 15.03 describes that the investment in marketable securities are measure at lower of cost and NRV and present the ''investment in securities at cost'' as asset and ''provision for diminution of values of share'' as liability separately in the statement of financial position.(cont)

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