In view of the near-term challenges impacted by the pandemic, a challenging macro-economic environment with the geo-political tension and the tightening of credit in China real estate, the Group fully impaired its remaining cost of investment in Sincere Property of $806 million after considering ...
lease and insurance proceeds in respect of hotels, investment and development properties; - pledge of cash deposits; - pledge of shares in a wholly-owned subsidiary; - a statutory lien on certain assets of a foreign subsidiary; and - a statutory preferred right over the assets of a foreign ...
10. Financial assets Current Financial assets at amortised cost - Bonds - quoted in Singapore Group As at As at 31 Mar 23 31 Mar 22 S$'000 S$'000 Company As at As at 31 Mar 23 31 Mar 22 S$'000 S$'000 - 8,006 - 8,006 - 8,006 - 8,006 Non-current Financial assets ...
The increase in investment in associates at the Group was mainly due to M&C, via its indirect subsidiaries, having subscribed its full entitlement of its associate, FSGL's rights issue of new perpetual convertible capital securities in April 2018 for a total cost of $58.2 million, coupled with...