I-Berhad (7029-H) - Bursa Malaysia

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The following are the subsidiary companies, all of which are incorporated in <strong>Malaysia</strong>: Paid-up Effective interest Principal Name of Company capital 1999 1998 activities RM % % I-Services Sdn Bhd 2 100 100 Trading of household (formerly known as electrical appliances. Neico Sales & Services Sdn Bhd) I-R&D Sdn Bhd 10,000 100 100 Currently dormant (formerly known as other than letting out I-Supplies Sdn Bhd and its premises during Neico Electrical Products Sdn Bhd) the year. Intended to handle all research and development activities including construction of a research and development centre for the Group. I-Industries Sdn Bhd 250,000 100 100 Fabricating of steel (formerly known as wire products and Neico Technology Sdn Bhd) metal stamping parts for electrical appliances. I-Marcom Sdn Bhd 50,000 100 – Marketing communications, promotions and provisions of after sales service for household electrical appliances. 41
42 11.Quoted Investment, at Cost Group and Company 1999 1998 RM RM Quoted shares in <strong>Malaysia</strong>, at cost 7,769,354 9,065,757 Market value 7,198,800 7,800,000 12.Fixed Assets Group Beginning Transfer End of 1999 of year Additions Disposals in/(out) year Valuation/Cost At valuation: RM RM RM RM RM Long leasehold land 3,660,985 – – – 3,660,985 Buildings 10,480,015 – – – 10,480,015 At cost: Long leasehold land 224,873 – (2,253) – 222,620 Freehold land – 715,140 – – 715,140 Buildings 1,614,716 2,184,860 – – 3,799,576 Plant and machinery and factory equipment 50,156,693 930,991 (3,436,923) 532,564 48,183,325 Factory equipment in progress 585,577 – – (532,564) 53,013 Office equipment, furniture, fittings and fixtures and renovation 5,161,922 733,608 (543,586) – 5,351,944 Motor vehicles 1,325,283 – (83,825) – 1,241,458 Renovation in progress 33,200 – (33,200) – – Total 73,243,264 4,564,599 (4,099,787) – 73,708,076
Page 1: I-Berhad (7029-H) innovative intell
Page 5 and 6: 02 I-Berhad was established on 2 Fe
Page 7 and 8: 04 Directors Mr Lim Kim Hong - Chai
Page 9 and 10: 06 I-Berhad (7029-H) (formerly know
Page 11 and 12: 08 Lim Kim Hong, 49, appointed Chai
Page 13 and 14: 10 From left to right 1. Chan Yit H
Page 15 and 16: 12 Dear Shareholders, On behalf of
Page 17 and 18: 14 Chairman’s Statement ... cont
Page 19 and 20: 16 CEO’s Review I am pleased to i
Page 21 and 22: 18 The new Management has also unde
Page 23 and 24: 20 April 1999 Sumurwang Group was o
Page 25 and 26: 22 5 November 1999 Tied-up with Gut
Page 27 and 28: 24 The directors hereby submit thei
Page 29 and 30: 26 Significant Event The significan
Page 31 and 32: 28 We, EU HONG CHEW and TEY SIEW TH
Page 33 and 34: 30 1999 1998 Current Assets Note RM
Page 35 and 36: 32 1999 1998 Cash Flows from Operat
Page 37 and 38: 34 B. Segment Information Cash flow
Page 39 and 40: 36 1999 1998 Note RM RM Turnover 18
Page 41 and 42: 38 3. Significant Accounting Polici
Page 43: 40 8. Bank Borrowings (Secured) Gro
Page 47 and 48: 44 12.Fixed Assets (cont’d) Net B
Page 49 and 50: 46 12.Fixed Assets (cont’d) Accum
Page 51 and 52: 48 12.Fixed Assets (cont’d) Compa
Page 53 and 54: 50 12.Fixed Assets (cont’d) Accum
Page 55 and 56: 52 14.Intangible Assets Group 1999
Page 57 and 58: 54 19.Loss Before Taxation Loss bef
Page 59 and 60: 56 22.Significant Event During the
Page 61 and 62: 58 Authorised Share Capital The aut
Page 63 and 64: 60 Location Description Tenure Size
Page 66 and 67: I/We of Form of Proxy being a membe

I-Berhad (7029-H) - Bursa Malaysia

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