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2020-07-13: Cont-Auditor's Opinion

ASIAPACINS(cont): However, the IFRS-9 requires to present these investments in the statement of financial statements at fair value by netting off provision for diminution loss from the cost of investment. Our opinion is not qualified intersect to this matter. Note 1.06: Departure from IFRS: The IFRS 16 Lease was effective from January 01, 2019. But the company does not yet introduce the IFRS 16 Lease. However, the impact of new standard shall not materially affected the financial statements in compare with accounting treatment prescribed by IAS 17. This matter shall be considered in upcoming financial reporting.''(end)

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