有什么马六甲美食好介绍吗?欢迎你将稿件电邮至 [email protected]
Write in to us at [email protected] to showcase any nice cuisine and restaurant in Malacca.

More details

wind_feng 的头像

The invested company is described in 2010 annual report:

RKM is currently undertaking Rs66.546billion (RM4.74billion) coal fired Independent Power Producer Project in the state of Chhattisgarh, India. The shareholders agreement dated 8 February 2007 between MCB and RK Powergen Private Limited ("RKP") provides for the subscription of shares in RKM to the extent of 74% and 26% by RKP and MCB respectively. RKP has provided an undertaking letter that RKP will not further increase its shareholding in RKM until such time when MCB's share subscription in RKM reaches 26%.

The recoverable amount of the Group's investment in the associate is determined on fair value less cost to sell based on a valuation performed by Fieldstone Capital Services Sdn Bhd, an expert in the valuation of independent power plant. The fair value less cost to sell was determined using 20 years cash flow projection discounted at a pre
tax rate of 13%.

The unrealised profit represents the unrealised gain on the equipment supply contract between a subsidiary, MIPP and RKM. This unrealised gain is eliminated to the extent of the Group's interest in RKM and will be credited to the income statement on a proportionate basis when the related asset in RKM is put to use or when it is sold to a third party.

Posted In