sabah, malaysia warta kerajaan · dalam bentuk dan kandungan yang sesuai dan wajar bagi tujuan...

Jil. LXVIII] [No. 46KOTA KINABALU, KHAMIS, 14 NOVEMBER 2013

Kenyataan-kenyataan berikut adalah diterbitkan atas perintah Tuan YangTerutama Yang di-Pertua Negeri untuk Makluman Umum.

TAN SRI DATUK SERI PANGLIMA HAJI SUKARTI BIN WAKIMAN,Setiausaha Kerajaan Negeri.

SABAH, MALAYSIA

Warta KerajaanDiterbitkan dengan kuasa

No. 824 [No. SPANS: KP. 800-1/19/4/4

KENAIKAN PANGKAT

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan kenaikan pangkatsecara hakiki Encik Mohd. Salleh bin Abbas ke jawatan Pemelihara Hutan Gred G44 mulai25 Julai 2013.

[No. SPANS: KP. 800-1/19/4/4

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan kenaikan pangkatsecara hakiki Encik Samit bin Abd. Sani ke jawatan Pemelihara Hutan Gred G44 mulai 25Julai 2013.

_______

No. 825 [No. SPANS: P. 018653/189

PELANTIKAN PEGAWAI SEDANG BERKHIDMAT

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan pegawaisedang berkhidmat Puan Debra binti Epun @ George secara percubaan 1 - 3 tahun kejawatan tetap Pegawai Veterinar, Gred G41 mulai 1 Mac 2013 sebagai pertukaran darijawatan Penolong Veterinar Gred G27.

WARTA KERAJAAN NEGERI SABAH 14 November 20132,402

No. 826 [No. KKT&P: 400-14/2 Jld. 5 (18)

SIJIL KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR

BAGI TAHUN BERAKHIR 31 DISEMBER 2011

Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar dan Kumpulanbagi tahun berakhir 31 Disember 2011 telah diaudit oleh wakil saya. Pihak pengurusanbertanggungjawab terhadap Penyata Kewangan ini. Tanggungjawab saya adalah mengauditdan memberi pendapat terhadap Penyata Kewangan tersebut.

2. Pengauditan telah dilaksanakan mengikut Akta Audit 1957 dan berpandukan piawaianpengauditan yang diluluskan. Piawaian tersebut menghendaki pengauditan dirancang dandilaksanakan untuk mendapat kepastian yang munasabah sama ada Penyata Kewanganadalah bebas daripada kesilapan atau ketinggalan yang ketara. Pengauditan itu termasukmemeriksa rekod secara semak uji, menyemak bukti yang menyokong angka dan memastikanpendedahan yang mencukupi dalam Penyata Kewangan. Penilaian juga dibuat terhadapprinsip perakaunan yang digunakan, unjuran signifikan oleh pengurusan dan persembahanPenyata Kewangan secara keseluruhan. Saya percaya pengauditan yang dilaksanakanmemberi asas yang munasabah terhadap pendapat saya.

3. Kecuali apa yang dinyatakan dalam Laporan Ketua Audit Negara pada pendapat sayaPenyata Kewangan ini memberi gambaran yang benar dan saksama terhadap kedudukankewangan Lembaga Pembangunan Perumahan dan Bandar pada 31 Disember 2011, hasiloperasi dan aliran tunainya untuk tahun tersebut berdasarkan piawaian perakaunan yangdiluluskan.

4. Saya telah mempertimbangkan, Penyata Kewangan dan Laporan Juruaudit bagi semuasubsidiari yang tidak diaudit oleh saya seperti yang dinyatakan dalam nota kepada PenyataKewangan disatukan. Saya berpuas hati bahawa Penyata Kewangan berkenaan yang telahdisatukan dengan Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar adalahdalam bentuk dan kandungan yang sesuai dan wajar bagi tujuan penyediaan PenyataKewangan Disatukan. Saya juga telah menerima maklumat dan penjelasan yang memuaskansebagaimana yang dikehendaki bagi tujuan tersebut.

5. Kecuali seperti yang dinyatakan dalam Laporan Ketua Audit Negara, Laporan Juruauditmengenai Penyata Kewangan subsidiari berkenaan tidak mengandungi sebarang pemerhatianyang boleh menjejaskan Penyata Kewangan Disatukan.

PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,

Malaysia.

Kota Kinabalu.

Bertarikh: 8 Oktober 2012.

WARTA KERAJAAN NEGERI SABAH 2,40314 November 2013

LAPORAN KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR

BAGI TAHUN BERAKHIR 31 DISEMBER 2011

Laporan Ketua Audit Negara ini hendaklah dibaca bersama-sama dengan Sijil Ketua AuditNegara bagi menyokong pendapat Audit terhadap Penyata Kewangan tersebut.

2. Pemerhatian Audit terhadap Penyata Kewangan adalah seperti berikut:

2.1 Pelbagai Penghutang

Syarikat Sri Sathanas Sdn. Bhd. telah pun dibubarkan sejak tahun 2004 tetapibaki hutang syarikat tersebut yang berjumlah RM0.35 juta masih diambil kiradalam Penyata Kewangan LPPB. Ini menyebabkan amaun Pelbagai Penghutangtidak menunjukkan kedudukan sebenar.

2.2 Hutang Kepada Syarikat Subsidiari

LPPB tidak menyediakan Peruntukan Hutang Ragu terhadap hutang 3 buahsyarikat subsidiari berjumlah RM9.32 juta yang tidak menunjukkan pergerakanmelebihi 3 tahun dan keupayaan syarikat membayar balik agak diragui. Selainitu, Sijil Juruaudit bagi Supernesa Sdn. Bhd. dan Superpanel (S) Sdn. Bhd. jugatelah menyentuh keupayaan berterusan bagi 2 subsidiari LPPB tersebut. ManakalaSijil Penafian diberikan kepada Kuala Menggatal Development Corporation Sdn.Bhd.

3. Langkah-langkah pembetulan yang sewajarnya hendaklah diambil oleh pihakpengurusan Lembaga Pembangunan Perumahan dan Bandar untuk meningkatkan lagiakauntabiliti awam.

PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,

Malaysia.

Kota Kinabalu.

Bertarikh: 8 Oktober 2012.


LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)

STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER

In our opinion, the financial statements set out on pages 2,406 to 2,426 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2011 and of the results of its operations and cash flows for the year ended on that date.

On behalf of the Board,

DATUK RUBIN BALANG

(Chairman)

HAJJAH ROSNANI BINTI ASMAT

(General Manager)

Kota Kinabalu.

Date: 11th June, 2012.



STATUTORY DECLARATION

I, CHIN SU ME, the officer primarily responsible for the financial management of LembagaPembangunan Perumahan dan Bandar (Housing and Town Development Authority),do solemnly and sincerely declare that the financial statements set out on pages 2,406 to2,426 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.

Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME

on 11th June, 2012.

Before me,

DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,

Malaysia.

Kota Kinabalu.



BALANCE SHEET AT 31ST DECEMBER, 2011

Note 2011 2010RM RM

PROPERTY, PLANT AND EQUIPMENT 3 14,860,422 16,016,209INVESTMENTS IN SUBSIDIARIES ... 4 7,417,689 7,417,689HOUSING DEBTORS ... ... ... 5 28,758,315 25,780,063

51,036,426 49,213,961

CURRENT ASSETS

Housing debtors ... ... ... 5 12,616,373 9,997,883Inventories of unsold houses ... 6 19,581,545 28,059,166Development properties ... ... 42,206,852 17,760,423Other receivables, deposits and

prepayments ... ... ... ... 7 19,981,439 12,410,612Amount due from subsidiaries ... 8 9,325,084 8,935,769Fixed deposits ... ... ... 9 55,689,169 57,446,509Cash and bank balances ... ... 7,448,603 12,780,943

166,849,065 147,391,305

CURRENT LIABILITIES

Trade payables ... ... ... 10 8,111,935 5,801,491Other payables and accruals ... 61,255,837 48,109,335Provision ... ... ... ... 11 2,781,347 3,577,387Housing deposits ... ... ... 100,126 2,013,973State Government loans ... ... 12 13,136,687 17,868,886Federal Government loans ... ... 13 19,897,889 18,571,344Government trust funds ... ... 14 12,337,255 9,116,452

117,621,076 105,058,868

NET CURRENT ASSETS ... ... 49,227,989 42,332,437

100,264,415 91,546,398



BALANCE SHEET AT 31ST DECEMBER, 2011 - (cont.)

Note 2011 2010RM RM

FINANCED BY:

ACCUMULATED FUNDS ... ... 68,255,689 58,985,311

LONG TERM AND DEFERRED

LIABILITIES

State Government loans ... ... 12 18,424,087 18,418,787Federal Government loans ... ... 13 13,584,639 14,142,300

32,008,726 32,561,087

100,264,415 91,546,398


REVENUE ... ... ... ... ... 15 32,134,387 22,483,547

Cost of sales ... ... ... ... - -

GROSS PROFIT ... ... ... ... 32,134,387 22,483,547Other operating income ... ... 12,248,167 10,576,448Administrative expenses ... ... (36,218,040) (23,870,661)

OPERATING PROFIT ... ... ... 16 8,164,514 9,189,334

Interest income ... ... ... ... 2,892,909 1,600,552Interest expense ... ... ... (1,366,602) (1,178,414)

PROFIT BEFORE TAXATION ... ... 9,690,821 9,611,472

Tax expense ... ... ... ... 17 (420,443) (57,623)

NET PROFIT OF THE YEAR ... ... 9,270,378 9,553,849


INCOME STATEMENT FOR THE YEAR ENDED 31ST DECEMBER, 2011

Note 2011 2010RM RM



STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED

31ST DECEMBER, 2011

Accumulated funds

RM

At 1st January 2010 ... ... ... ... ... 49,431,462

Net profit for the year ... ... ... ... 9,553,849

At 31st December 2010 ... ... ... ... ... 58,985,311

Net profit for the year ... ... ... ... ... 9,270,378

At 31st December 2011 ... ... ... ... ... 68,255,689


CASH FLOWS FROM OPERATING ACTIVITIES

Profit before taxation ... ... ... ... ... 9,690,821 9,611,472Adjustments for:

Depreciation ... ... ... ... ... ... 1,379,590 1,462,264Gain on disposal of property, plant and

equipment ... ... ... ... ... (180,319) (168)Interest expense ... ... ... ... ... 1,366,602 1,178,414Interest income ... ... ... ... ... (2,892,909) (1,600,552)Government loan converted to grant ... ... (5,738,554) (5,312,187)

Operating profit before working capital changes 3,625,231 5,339,243(Increase)/Decrease in working capital:

Housing debtors ... ... ... ... ... (5,596,743) 3,956,544Inventories of unsold houses ... ... ... 8,477,621 2,068,471Development properties ... ... ... ... (24,446,429) 1,282,502Trade and other receivables ... ... ... (7,587,271) 5,557,978Amount due from subsidiaries ... ... ... (389,314) (486,497)Trade and other payables ... ... ... 13,221,252 4,962,677

Cash generated from operations ... ... ... (12,695,653) 22,680,918

Interest paid ... ... ... ... ... ... (60,254) (60,518)Income tax paid ... ... ... ... ... (404,000) (57,623)

N E T C A S H G E N E R A T E D F R O M/(U S E D I N)OPERATING ACTIVITIES ... ... ... ... (13,159,907) 22,562,777

CASH FLOWS FROM INVESTING ACTIVITIES

Interest received ... ... ... ... ... 2,892,909 1,600,552Proceeds from disposal of property, plant and

equipment ... ... ... ... ... ... 199,755 200Purchase of property, plant and equipment ... (243,240) (3,335,254)

CASH (USED IN)/GENERATED FROM INVESTINGACTIVITIES ... ... ... ... ... ... 2,849,424 (1,734,502)


CASH FLOW STATEMENT FOR THE YEAR ENDED

31ST DECEMBER, 2011

2011 2010RM RM


CASH FLOWS FROM FINANCING ACTIVITIES

Drawdown of State Government loans ... - 213,544Drawdown of State Government trust funds ... 3,220,803 -Repayment of Government trust funds... ... - (324,455)

CASH USED IN FINANCING ACTIVITIES ... ... 3,220,803 (110,911)

NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS ... ... ... ... ... (7,089,680) 20,717,364

C A S H A N D C A S H E Q U I V A L E N T S A TBEGINNING OF THE YEAR ... ... ... 64,227,452 43,510,088

CASH AND CASH EQUIVALENTS AT END OFTHE YEAR ... ... ... ... ... ... 57,137,772 64,227,452

CASH AND CASH EQUIVALENTS COMPRISE:Cash and bank balances ... ... ... ... 7,448,603 12,780,943

Fixed deposits ... ... ... ... ... 55,689,169 57,446,509

Less: Deposits pledged ... ... ... ... (6,000,000) (6,000,000)

57,137,772 64,227,452


CASH FLOW STATEMENT FOR THE YEAR ENDED

31ST DECEMBER, 2011 - (cont.)

2011 2010RM RM



NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2011

1. PRINCIPAL ACTIVITIES

The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects. There has been no significant changein the nature of these activities during the financial year.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies are adopted by the Authority and are consistent withthose adopted in the previous years.

(a) Basis of accounting

The financial statements of the Authority are prepared on the historical costbasis and in compliance with applicable approved accounting standards inMalaysia.

(b) Property, plant and equipment

Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.

(c) Depreciation

The straight line method is used to write-off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:

Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%

(d) Impairment

The carrying amounts of the Authority’s assets, other than inventories andfinancial assets (other than investments in subsidiaries), are reviewed at eachbalance sheet date to determine whether there is any indication of impairment. Ifany such indication exists, the asset’s recoverable amount is estimated. Animpairment loss is recognised whenever the carrying amount of an asset or thecash-generating unit to which it belongs exceeds its recoverable amount.Impairment losses are recognised in the income statement, unless the asset iscarried at a revalued amount, in which case the impairment loss is charged toequity.


The recoverable amount is the greater of the asset’s net selling price and itsvalue in use. In assessing value in use, estimated future cash flows are discountedto their present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For anasset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.

An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.

In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.

An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, netof depreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.

(e) Development properties

Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties arestated at cost plus attributable profits less foreseeable losses, net of progressbillings. Cost includes cost of land, all direct building cost, and other relateddevelopment expenditure incurred during the period of development.

(f) Inventories of unsold houses

Inventories of unsold houses are stated at the lower of cost and net realisablevalue. Costs include apportioned land cost and development expenditureincurred.

(g) Revenue

(i) Property development

Profit from property development is recognised using the percentageof completion method. Where foreseeable losses are anticipated, fullprovision for these losses is made in the financial statements.

(ii) Developed properties

Profit on developed properties is recognised when transfer of risks andrewards has been completed.


NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2011 - (cont.)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)


(iii) Privatised projects

Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.

(iv) Rental income

Rental income is recognised on an accrual basis.

(v) Interest income

Interest income is recognised in the income statement as it accrues, takinginto account the effective yield on the asset.

(vi) Dividend Income

Dividend income is recognised when the right to receive payment isestablished.

(h) Interest on borrowings

Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.

(i) Provisions

A provision is recognised when it is probable that an outflow of resourcesembodying economic benefits will be required to settle a present obligation (legalor constructive) as a result of a past event and a reliable estimate can be made of theamount.

(i) Provision for repairs and maintenance on completed projects

Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.

(j) Employee benefits

(i) Short term benefits

Wages, salaries, paid leave and sick leave, bonus and non-monetarybenefits are recognised in the year in which associated services are renderedby employees of the Authority.

(ii) Defined contribution plans

Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.







(k) Government trust funds

Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developingthose projects. At the completion of the project, any excess Trust Fund isrefundable to the respective governments, while shortfalls are to be recoveredand shown as a debit balance in the respective fund.

(l) Investments

Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.

(m) Taxation

Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.

Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.

Deferred tax is provided, using the liability method, on temporary differencesarising between the tax bases of assets and liabilities and their carrying amounts inthe financial statements. The amount of deferred tax provided is based on theexpected manner of realisation or settlement of the carrying amount of assets andliabilities, using tax rates enacted or substantially enacted at the balance sheet date.

A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.

(n) Cash and cash equivalents

Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.

(o) Receivables

Receivables are carried at anticipated realisable value. Bad debts are duly writtenoff. An estimate is made for doubtful debts based on a review of all outstandingamounts at the year end.

(p) Payables

Payables are stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.



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rinc

ipal

Act

ivit

ies

Inco

rpor

atio

nIn

tere

sts

2011

2010

%%

Kua

la M

engg

atal

Prop

erty

dev

elop

men

tM

alay

sia

9595

D

evel

opm

ent

C

orpo

ratio

n Sd

n. B

hd.

Supe

rnes

a Sd

n. B

hd.

Con

stru

ctio

n w

ork

unde

r co

ntra

ct a

ndM

alay

sia

100

100

prop

erty

dev

elop

men

t

Supe

rpan

el (

Saba

h) S

dn. B

hd.

Hol

ding

of

prop

erti

es f

or r

enta

l,M

alay

sia

100

100

pro

vis

ion

of

con

trac

t w

orks

and

rela

ted

serv

ices

and

insu

ranc

e ag

ency

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

4.I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

- (co

nt.)


5.H

OU

SIN

G D

EB

TO

RS

2011

2010

Non

-Cur

rent

RM

RM

Low

cos

t hou

sing

......

......

......

......

......

......

11,7

46,3

856,

573,

555

Low

cos

t sho

phou

ses

......

......

......

......

......

...1,

037,

633

1,86

2,80

5C

omm

erci

al h

ousi

ng...

......

......

......

......

......

9,05

0,89

710

,228

,354

Com

mer

cial

sho

phou

ses

......

......

......

......

......

1,51

7,87

31,

768,

338

Con

dom

iniu

m/f

lats

......

......

......

......

......

...5,

405,

527

5,34

7,01

1

28,7

58,3

1525

,780

,063

Cur

rent

Low

cos

t hou

sing

......

......

......

......

......

......

12,6

16,3

739,

997,

883

RM

41,3

74,6

88R

M35

,777

,946

6.I N

VE

NT

OR

IES

OF

UN

SOL

D H

OU

SES

Inve

ntor

ies

of u

nsol

d ho

uses

of

RM

7,58

4,43

1 (2

010

: RM

12,5

59,1

00)

are

carr

ied

at n

et r

ealis

able

val

ue.

7.O

TH

ER

RE

CE

IVA

BL

ES,

DE

POSI

TS

AN

D P

RE

PAY

ME

NT

S

2011

2010

RM

RM

Oth

er re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts...

......

......

......

28,3

47,7

5020

,776

,923

Les

s: A

llow

ance

for d

oubt

ful d

ebts

......

......

......

......

...(8

,366

,311

)(8

,366

,311

)

RM

19,9

81,4

39R

M12

,410

,612

Incl

uded

in

othe

r re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts o

f th

e A

utho

rity

are

loa

ns t

o em

ploy

ees

amou

ntin

g to

RM

14,0

09 (

2010

:R

M23

,267

).

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

8.A

MO

UN

T D

UE F

RO

M S

UB

SID

IAR

IES

The

am

ount

due

from

sub

sidi

arie

s is

uns

ecur

ed, i

nter

est f

ree

and

repa

yabl

e on

dem

and.

9.F I

XE

D D

EPO

SIT

S20

1120

10R

MR

M

Dep

osits

are

pla

ced

with

Lic

ense

d ba

nks.

.....

......

......

......

55,6

89,1

6957

,446

,509

Incl

uded

in th

e fi

xed

depo

sits

is a

n am

ount

of R

M6,

000,

000

(201

0 : R

M6,

000,

000)

of t

he A

utho

rity

hel

d on

lien

by

a lic

ense

d ba

nk fo

rth

e ov

erdr

aft f

acili

ties

of th

e A

utho

rity

.

10.

TR

AD

E P

AY

AB

LE

S

Incl

uded

in tr

ade

paya

bles

of t

he A

utho

rity

is re

tent

ion

sum

of R

M5,

177,

030

(201

0 : R

M4,

700,

983)

.

11.

P RO

VIS

ION

Rep

air

and

mai

nten

ance

RM

Bal

ance

at 1

st J

anua

ry, 2

011

......

......

......

......

......

......

...3,

577,

387

Prov

isio

n m

ade

duri

ng th

e ye

ar...

......

......

......

......

......

......

376,

685

Prov

isio

n us

ed d

urin

g th

e ye

ar...

......

......

......

......

......

......

(331

,738

)Pr

ovis

ion

reve

rsed

dur

ing

the

year

......

......

......

......

......

......

...(8

40,9

87)

Bal

ance

at 3

1st D

ecem

ber,

2011

......

......

......

......

......

......

...R

M2,

781,

347


12.

STA

TE

GO

VE

RN

ME

NT

LO

AN

S

2011

2010

RM

RM

Stat

e G

over

nmen

t loa

ns -

unse

cure

dC

urre

nt...

......

......

......

......

......

...13

,136

,687

17,8

68,8

86N

on-c

urre

nt...

......

......

......

......

......

...18

,424

,087

18,4

18,7

87

RM

31,5

60,7

74R

M36

,287

,673

Ter

ms

and

debt

s re

paym

ent s

ched

ule

Und

er1

to 2

2 to

5O

ver

5T

otal

1 ye

arye

ars

year

sye

ars

RM

RM

RM

RM

RM

2011

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...R

M31

,560

,774

RM

13,1

36,6

87R

M61

0,18

0R

M1,

980,

926

RM

15,8

32,9

81

2010

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...R

M36

,287

,673

RM

17,8

68,8

86R

M46

8,89

0R

M1,

861,

516

RM

16,0

88,3

81

Stat

e G

over

nmen

t has

agr

eed

to c

onve

rt th

e go

vern

men

t loa

n to

gra

nt a

mou

ntin

g to

RM

Nil

(201

0 : R

M23

,071

,421

). A

n am

ount

of

RM

5,73

8,55

4 (2

010

: RM

5,31

2,18

7) h

as b

een

conv

erte

d du

ring

the

fina

ncia

l yea

r.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

WARTA KERAJAAN NEGERI SABAH

13.

FED

ER

AL

GO

VE

RN

ME

NT

LO

AN

S

2011

2010

RM

RM

Fede

ral G

over

nmen

t loa

ns -

uns

ecur

edC

urre

nt...

......

......

......

......

......

...19

,897

,889

18,5

71,3

44N

on-c

urre

nt...

......

......

......

......

......

...13

,584

,639

14,1

42,3

00

RM

33,4

82,5

28R

M32

,713

,644

Ter

ms

and

debt

s re

paym

ent s

ched

ule

The

loan

s in

tere

st is

pay

able

as

follo

ws:

Loa

ns f

or c

ondo

min

ium

s...

......

......

......

4.0

% to

7.5

% p

er a

nnum

Loa

ns fo

r all

othe

r hou

sing

pro

ject

s...

......

......

4.0%

per

ann

um

Und

er1

to 2

2 to

5O

ver

5T

otal

1 ye

arye

ars

year

sye

ars

RM

RM

RM

RM

RM

2011

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

RM

33,4

82,5

28R

M19

,897

,889

RM

585,

036

RM

1,93

4,54

7R

M11

,065

,056

2010

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

RM

32,7

13,6

44R

M18

,571

,344

RM

557,

661

RM

1,84

3,21

8R

M11

,741

,421

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

14 November 20132,422


14.

GO

VE

RN

ME

NT

TR

UST

FU

ND

S20

1120

10R

MR

M

Stat

e G

over

nmen

t Hou

sing

Fun

d...

......

......

......

......

34,2

7634

,276

Stat

e Fu

nd fo

r New

Tow

nshi

p...

......

......

......

......

1,27

3,94

41,

134,

843

Stat

e G

over

nmen

t Sub

sidi

es F

und

......

......

......

......

...2,

677,

918

2,67

7,91

8St

ate

Gov

ernm

ent A

genc

y Fu

nds

......

......

......

......

...3,

138,

460

3,26

9,41

5St

ate

Rev

olvi

ng F

und

(SPP

)...

......

......

......

......

...5,

212,

657

2,00

0,00

0

RM

12,3

37,2

55R

M9,

116,

452

15.

RE

VE

NU

E

2011

2010

RM

RM

Prof

it fr

om p

riva

tised

pro

ject

s...

......

......

......

......

33,3

39,0

7420

,242

,891

Prof

it/(L

oss)

from

sal

es o

f com

plet

ed p

rope

rtie

s...

......

......

......

(1,2

04,6

87)

2,24

0,65

6

RM

32,1

34,3

87R

M22

,483

,547

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

16.

OPE

RA

TIN

G P

RO

FIT

Ope

rati

ng p

rofi

t is

arri

ved

at a

fter

cre

diti

ng:

2011

2010

RM

RM

Gai

n on

dis

posa

l of

prop

erty

, pla

nt a

nd e

quip

men

t...

......

......

...18

0,31

916

8M

anag

emen

t fee

s...

......

......

......

......

......

521,

271

1,24

3,29

3R

enta

l inc

ome

......

......

......

......

......

......

3,75

9,39

02,

705,

411

Gov

ernm

ent l

oan

conv

erte

d to

gra

nt...

......

......

......

......

5,73

8,55

45,

312,

187

and

afte

r ch

argi

ng:

2011

2010

RM

RM

Aud

itors

’ re

mun

erat

ion

......

......

......

......

......

18,2

6523

,163

Boa

rd m

embe

rs’

rem

uner

atio

n-

othe

r em

olum

ents

......

......

......

......

......

...24

5,15

031

3,70

0-

stud

y to

ur...

......

......

......

......

......

...16

0,07

918

7,47

6D

epre

ciat

ion

......

......

......

......

......

......

1,37

9,59

01,

462,

264


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

17.

TA

X E

XPE

NSE

2011

2010

RM

RM

Cur

rent

tax

expe

nse

......

......

......

......

......

...28

2,33

257

,623

Tax

atio

n un

ders

tate

d...

......

......

......

......

......

138,

111

-

420,

443

57,6

23

Rec

onci

liat

ion

of e

ffec

tive

tax

rate

:

Prof

it be

fore

taxa

tion

......

......

......

......

......

...9,

690,

821

9,61

1,47

2

Inco

me

tax

usin

g M

alay

sia

tax

rate

......

......

......

......

...2,

422,

705

2,40

2,86

8T

ax e

xem

pt in

com

e...

......

......

......

......

......

(6,3

20,3

26)

(2,2

06,2

32)

Non

-ded

uctib

le e

xpen

ses

- ot

hers

......

......

......

......

...4,

346,

628

247,

425

Una

bsor

bed

capi

tal a

llow

ance

now

util

ised

......

......

......

...(1

66,6

75)

(386

,438

)

282,

332

57,6

23

Tax

atio

n un

ders

tate

d...

......

......

......

......

......

138,

111

-

Tax

exp

ense

......

......

......

......

......

......

420,

443

57,6

23


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

18.

EM

PLO

YE

ES

INFO

RM

AT

ION

2011

2010

RM

RM

Staf

f cos

ts...

......

......

......

......

......

...11

,369

,735

11,2

44,3

66

Incl

uded

in st

aff c

osts

of t

he A

utho

rity

is E

mpl

oyee

s Pro

vide

nt F

und

and

othe

r ret

irem

ent b

enef

its o

f RM

946,

816

(201

0 : R

M92

8,66

1).

The

num

ber

of e

mpl

oyee

s of

the

Aut

hori

ty (

excl

udin

g di

rect

ors)

at t

he e

nd o

f th

e ye

ar w

as 1

90 (

2010

: 19

0) r

espe

ctiv

ely.

19.

CO

NT

ING

EN

T L

IAB

ILIT

IES

The

Aut

hori

ty h

as e

xecu

ted

a th

ird

part

y ch

arge

ove

r its

dev

elop

men

t pr

oper

ties

in f

avou

r of

the

fin

anci

al i

nstit

utio

ns f

or b

anki

ngfa

cilit

ies

gran

ted

to d

evel

oper

s an

d co

ntra

ctor

s am

ount

ing

to R

M17

2,42

0,74

1 (2

010

: RM

98,3

86,3

68).

20.

CO

MPA

RA

TIV

E F

IGU

RE

S

Cer

tain

com

para

tive

figu

res

in th

e fi

nanc

ial s

tate

men

ts o

f the

Aut

hori

ty h

ave

been

recl

assi

fied

to c

onfo

rm w

ith th

e pr

esen

tatio

n in

the

curr

ent f

inan

cial

yea

r.


Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2011

2011 2010RM RM

INCOME

RevenueProfit from privatised projects ... ... ... ... 33,339,074 20,242,891Profit/(Loss) from developed properties ... ... (1,204,687) 2,240,656

32,134,387 22,483,547

Other Operating IncomeGain on disposal of property, plant and equipment 180,319 168Management fees ... ... ... ... ... ... 521,271 1,243,293Other income ... ... ... ... ... ... ... 2,048,633 1,315,389Rental income ... ... ... ... ... ... 3,759,390 2,705,411Government loan converted to grant ... ... ... 5,738,554 5,312,187

12,248,167 10,576,448

Interest IncomeInterest charged to housing debtors ... ... ... 995,027 728,757Interest on advances/loans to contractors ... ... 2,942 -Interest on fixed deposits and current accounts ... 1,894,940 871,795

2,892,909 1,600,552

47,275,463 34,660,547

LESS: EXPENDITURE

Administrative Expenses

Staff Costs

Education ... ... ... ... ... ... ... 48,758 267,303Employees’ Provident Fund contributions ... ... 522,738 531,400Medical expenses ... ... ... ... ... ... 1,102,674 997,961Others ... ... ... ... ... ... ... ... 9,959 36,565Pension ... ... ... ... ... ... ... ... 424,078 397,261Salaries, allowance, overtime and bonus ... ... 8,988,541 8,946,366SOCSO contributions ... ... ... ... ... 32,853 30,763Welfare and recreation ... ... ... ... ... 240,134 36,747

11,369,735 11,244,366


Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2011 - (cont.)

2011 2010RM RM

Depreciation

Buildings ... ... ... ... ... ... ... 208,766 208,766Long term leasehold land ... ... ... ... ... 99,334 130,456Motor vehicles ... ... ... ... ... ... 724,454 800,811Office furniture, fittings, equipment and renovation ... 347,036 322,231

1,379,590 1,462,264

Other Operating Expenses

Advertising and promotion ... ... ... ... 6,928 1,849Auditors’ remuneration ... ... ... ... ... 18,265 23,163Bank charges ... ... ... ... ... ... ... 4,451 4,142Board members’ remuneration- other emoluments ... ... ... ... ... ... 245,150 313,700- study tour ... ... ... ... ... ... ... 160,079 187,476Electricity and water ... ... ... ... ... 65,237 32,010Insurance ... ... ... ... ... ... ... 225,759 274,092Land premium and other charges ... ... ... 1,120,617 245,318Provision for land premium ... ... ... ... 16,699,740 4,824,000Other administrative and establishment expenses ... 672,351 775,936Post completed projects ... ... ... ... ... - 699,448Printing and stationery ... ... ... ... ... 135,341 192,096Professional and consultancy fee ... ... ... 232,022 163,190Repair and maintenance- general housing ... ... ... ... ... ... 2,828,821 2,396,625- motor vehicle ... ... ... ... ... ... 138,843 130,633- office, furniture and equipment ... ... ... 311,085 361,823Telephone and postage ... ... ... ... ... 77,145 75,740Travelling and accommodation ... ... ... ... 316,478 329,636Vehicle running expenses ... ... ... ... ... 210,403 133,154

23,468,715 11,164,031

36,218,040 23,870,661


Interest Expense

Interest on State and Federal loans ... ... ... 1,306,348 1,117,896Interest on bank overdraft ... ... ... ... ... 60,254 60,518

1,366,602 1,178,414

Tax Expense ... ... ... ... ... ... ... 420,443 57,623

38,005,084 25,106,698

Net profit for the year... ... ... ... ... ... RM9,270,378 RM9,553,849

Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2011 - (cont.)

2011 2010RM RM



AND ITS SUBSIDIARIES

STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER

In our opinion, the financial statements set out on pages 2,432 to 2,465 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2011 and of the results of its operations and cash flows for the year ended on that date.

On behalf of the Board,

DATUK RUBIN BALANG

(Chairman)

HAJJAH ROSNANI BINTI ASMAT

(General Manager)

Kota Kinabalu.

Date: 11th June, 2012.




STATUTORY DECLARATION

I, CHIN SU ME, the officer primarily responsible for the financial management of LembagaPembangunan Perumahan dan Bandar (Housing and Town Development Authority),do solemnly and sincerely declare that the financial statements set out on pages 2,432 to2,465 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.

Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME

on 11th June, 2012.

Before me,

DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,

Malaysia.

Kota Kinabalu.


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RM

RM

RM

RM




NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2011

1. PRINCIPAL ACTIVITIES

The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects, whilst the principal activities of thesubsidiaries are stated in Note 4. There has been no significant change in the nature ofthese activities during the financial year.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies are adopted by the Group and the Authority and areconsistent with those adopted in the previous years.

(a) Basis of accounting

The financial statements of the Group and the Authority are prepared on thehistorical cost basis and in compliance with applicable approved accountingstandards in Malaysia.

(b) Basis of consolidation

Subsidiaries are those enterprise controlled by the Authority. Control exists whenthe authority has the power, directly or indirectly, to govern the financial andoperating policies of an enterprise so as to obtain benefits from its activities. Thefinancial statements of subsidiaries are included in the consolidated financialstatements from the date that control effectively commences until the date thatcontrol effectively ceases. Subsidiaries are consolidated using the acquisitionmethod of accounting.

Under acquisition method of accounting, the results of subsidiaries acquired ordisposed of during the year are included from the date of acquisition or up to thedate of disposal. At the date of acquisition, the fair values of the subsidiaries’ netassets are determined and these values are reflected in the Group financialstatements. The difference between acquisition cost and the fair value of thesubsidiaries’ net assets is reflected as goodwill or negative goodwill as appropriate.

Intragroup transactions and balances and the result unrealised profits are eliminatedon consolidation. Unrealised losses resulting from intragroup transactions are alsoeliminated unless cost cannot be recovered.

(c) Property, plant and equipment

Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.

The Group revalues its property comprising land and building every 5 years and atshorter intervals whenever the fair value of the revalued assets is expected to differmaterially from their carrying value.





Surpluses arising from revaluation are dealt with in the property revaluation reserve account.Any deficit arising is offset against the revaluation reserve to the extent of a previousincrease for the same property. In all other cases, a decrease in carrying amount ischarged to the income statement.

Property, plant and equipment retired from active use and held for disposal arestated at the carrying amount at the date when the asset is retired from active use,less impairment losses, if any.

(d) Depreciation

The straight line method is used to write off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:

Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Plant and machinery 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%

A long term leasehold land of the Group with an unexpired lease period of 75years at year end is not amortised. The non-amortisation does not have a materialeffect on the financial statements.

(e) Impairment

The carrying amounts of the Group’s assets, other than inventories and financialassets (other than investments in subsidiaries), are reviewed at each balance sheetdate to determine whether there is any indication of impairment. If any suchindication exists, the asset’s recoverable amount is estimated. An impairment lossis recognised whenever the carrying amount of an asset or the cash-generatingunit to which it belongs exceeds its recoverable amount. Impairment losses arerecognised in the income statement, unless the asset is carried at a revalued amount,in which case the impairment loss is charged to equity.

The recoverable amount is the greater of the asset’s net selling price and its valuein use. In assessing value in use, estimated future cash flows are discounted totheir present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For anasset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.





An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.

In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.

An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, net ofdepreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.

(f) Investment properties

Investment properties are treated as long term investments and are stated at cost.An allowance is made when the directors are of the view that there is a diminutionin their value which is other than temporary.

(g) Development properties

Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties are statedat cost plus attributable profits less foreseeable losses, net of progress billings.Cost includes cost of land, all direct building cost, and other related developmentexpenditure incurred during the period of development.

(h) Inventories of unsold houses

Inventories of unsold houses are stated at the lower of cost and net realisable value.Costs include apportioned land cost and development expenditure incurred.

(i) Revenue

(i) Property development

Profit from property development is recognised using the percentage ofcompletion method. Where foreseeable losses are anticipated, full provisionfor these losses is made in the financial statements.

Profit from property development undertaken by another developer on theGroup’s and Authority’s land is recognised using the percentage ofcompletion method determined on the proportion of value of developmentunits sold against total saleable value and is calculated based on the Group’sand Authority’s entitlement on properties sold by the developer.





(ii) Developed properties

Profit on developed properties is recognised when transfer of risks andrewards has been completed.

(iii) Privatised projects

Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.

(iv) Construction contracts

Revenue from fixed price construction contracts is recognised on thepercentage of completion method measured by reference to the percentageof contract costs incurred to date to estimated total contract costs.

When the outcome of a construction contract cannot be estimated reliably,revenue is recognised only to the extent of contract costs incurred that isprobable to be recoverable and contract costs are recognised as an expensein the period in which they are incurred.

An expected loss on a contract is recognised immediately in the incomestatement.

(v) Rental income and net insurance commission

Rental income is recognised on an accrual basis and net insurance commissionis recognised when services are rendered.

(vi) Interest income and net insurance commission

Interest income is recognised in the income statement as it accrues, takinginto account effective yield on the asset.

(vii) Dividend income

Dividend income is recognised when the right to receive payment isestablished.

(viii) Project entitlements

The entitlements, pursuant to the agreement entered with the joint venturepartners, are recognised on accrual basis based on stipulated fixed schedule.

(j) Interest on borrowings

Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.


(k) Provisions

A provision is recognised when it is probable that an outflow of resources embodyingeconomic benefits will be required to settle a present obligation (legal or constructive)as a result of a past event and a reliable estimate can be made of the amount.

(i) Provision for repairs and maintenance on completed projects

Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.

(l) Employee benefits

(i) Short term benefits

Wages, salaries, paid leave and sick leave, bonus and non-monetary benefitsare recognised in the year in which associated services are rendered byemployees of the Group and of the Authority.

(ii) Defined contribution plans

Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.

(m) Government trust funds

Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developing thoseprojects. At the completion of the project, any excess Trust Fund is refundable tothe respective governments, while shortfalls are to be recovered and shown as adebit balance in the respective fund.

(n) Investments

Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.

(o) Income tax

Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.

Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.





Deferred tax is provided, using the liability method, on temporary differences arisingbetween the tax bases of assets and liabilities and their carrying amounts in thefinancial statements. The amount of deferred tax provided is based on the expectedmanner of realisation or settlement of the carrying amount of assets and liabilities,using tax rates enacted or substantially enacted at the balance sheet date.

A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.

(p) Cash and cash equivalents

Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.

(q) Land held for property development

Land held for property development consist of land or such portions thereof onwhich no development activities have been carried out or where developmentactivities are not expected to be completed within the Company’s normal operatingcycle of 2 to 3 years. Such land is classified as non-current asset and is stated at costless accumulated impairment losses.

Land held for property development is reclassified as property development costsat the point when development activities have commenced and where it can bedemonstrated that the development activities can be within the Company’s normaloperating cycle of 2 to 3 years.

Cost of land held for property development comprise cost associated with theacquisition of land and all cost incurred subsequent to the acquisition but prior toreclassification to property development costs on activities necessary to preparethe land for its intended use.

Cost associated with the acquisition of land includes the purchase price of the land,professional fee, stamp duties, commissions, conversion fees and other relevantlevies.

(r) Hire purchase liabilities

The cost of property, plant and equipment acquired under hire purchase agreementis capitalised under property, plant and equipment and the corresponding obligationsare taken up as liabilities. Hire purchase interest is taken up in the income statementon a sum-of-digits basis over the period of the hire purchase agreement.





(s) Amount due to contract customers

Amount due to contract customers on construction contracts is stated at cost plusattributable profits less foreseeable losses and less progress billings. Cost includesall direct construction costs and other related costs. Where progress billings exceedthe aggregate amount due from contract customers plus attributable profits lessforeseeable losses, the net credit balance on all such contracts is shown under currentliabilities as amount due to contract customers.

(t) Receivables

Receivables are carried at anticipated realisable value. Bad debts are duly writtenoff. An estimate is made for doubtful debts based on a review of all outstandingamounts at the year end.

(u) Payables

Payables are stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.





Cos

t/V

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......

21,8

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1...

......

......

3,48

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the

year

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...31

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3,76

4,23

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2,63

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1st D

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......

18,0

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421

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......

18,7

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1,98

0,78

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-11

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25,3

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......

-52

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......

-10

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274,

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4,99

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310

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4,64

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54,

231,

129

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14,4

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......

......

...25

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2,99

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(28,

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......

--

(639

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1st D

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......

4,96

6,93

610

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4,01

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74,

474,

119

23,8

89,3

70

Dep

reci

atio

nA

t 1st

Jan

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, 201

1...

......

422,

894

3,03

5,23

52,

201,

376

2,63

8,70

18,

298,

206

Cha

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for

the

year

......

...99

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208,

766

724,

454

347,

036

1,37

9,59

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......

......

...(9

,055

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ls...

......

......

--

(639

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At 3

1st D

ecem

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2011

......

513,

173

3,24

4,00

12,

286,

037

2,98

5,73

79,

028,

948

Net

Boo

k V

alue

At 3

1st D

ecem

ber,

2011

......

4,45

3,76

37,

194,

307

1,72

3,97

01,

488,

382

14,8

60,4

22

At 3

1st D

ecem

ber,

2010

......

4,57

2,27

97,

403,

073

2,44

8,42

91,

592,

428

16,0

16,2

09

Dep

reci

atio

nC

harg

e fo

r the

yea

r end

ed 3

1st D

ecem

ber,

2010

......

......

...13

0,45

620

8,76

680

0,81

132

2,23

11,

462,

264


(a)

Titl

e to

cer

tain

bui

ldin

gs o

f the

Aut

hori

ty w

ith c

ost o

f RM

8,84

1,23

0 (2

010

: RM

8,84

1,23

0) h

as y

et to

be

issu

ed.

(b)

Cer

tain

long

term

leas

ehol

d la

nd o

f the

Gro

up a

nd A

utho

rity

are

cha

rged

to fi

nanc

ial i

nstit

utio

n as

sec

uriti

es fo

r ban

king

faci

litie

sgr

ante

d to

con

trac

tors

cos

ting

RM

18,1

00,0

00 (

2010

: R

M48

,134

).

(c)

Mot

or v

ehic

les

of th

e G

roup

with

net

boo

k va

lue

of R

M90

,050

(201

0 : R

M10

9,46

4) is

acq

uire

d un

der h

ire

purc

hase

arr

ange

men

t.

4.I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

Aut

hori

ty

2011

2010

RM

RM

Unq

uote

d sh

ares

at c

ost

......

......

......

......

......

10,0

06,0

3010

,006

,030

Les

s: A

llow

ance

for d

imin

utio

n in

val

ue...

......

......

......

...(2

,588

,341

)(2

,588

,341

)

RM

7,41

7,68

9R

M7,

417,

689

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

3.P R

OPE

RT

Y, P

LA

NT

AN

D E

QU

IPM

EN

T -

(con

t.)


The

pri

ncip

al a

ctiv

ities

of

the

subs

idia

ries

, the

ir p

lace

s of

inco

rpor

atio

n an

d th

e in

tere

st o

f L

emba

ga P

emba

ngun

an P

erum

ahan

dan

Ban

dar a

re a

s fo

llow

s:

Eff

ecti

veC

ount

ry o

fO

wne

rshi

pN

ame

of C

ompa

nyP

rinc

ipal

Act

ivit

ies

Inco

rpor

atio

nIn

tere

sts

2011

2010

%%

Kua

la M

engg

atal

Prop

erty

Dev

elop

men

tM

alay

sia

9595

D

evel

opm

ent

C

orpo

ratio

n Sd

n. B

hd.*

Supe

rnes

a Sd

n. B

hd.

Con

stru

ctio

n w

ork

unde

r co

ntra

ct a

ndM

alay

sia

100

100

prop

erty

dev

elop

men

t

Supe

rpan

el (

Saba

h) S

dn. B

hd.

Hol

ding

of

prop

erti

es f

or r

enta

l,M

alay

sia

100

100

pro

vis

ion

of

con

trac

t w

orks

and

rela

ted

serv

ices

and

insu

ranc

e ag

ency

*T

he a

udite

d fi

nanc

ial s

tate

men

ts a

s at

31

Dec

embe

r 201

1 is

not

ava

ilabl

e an

d th

e fi

nanc

ial s

tate

men

ts o

f thi

s su

bsid

iary

has

bee

nco

nsol

idat

ed b

ased

on

fina

l una

udite

d fi

nanc

ial s

tate

men

ts.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

4.I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

- (co

nt.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

5.L

AN

D H

EL

D F

OR

PR

OPE

RT

Y D

EV

EL

OPM

EN

TG

roup

2011

2010

RM

RM

Lea

seho

ld la

nd, a

t cos

t...

......

......

......

......

......

3,73

6,00

93,

736,

009

Dev

elop

men

t exp

endi

ture

......

......

......

......

......

878,

073

878,

073

RM

4,61

4,08

2R

M4,

614,

082

6.H

OU

SIN

G D

EB

TO

RS

Gro

up a

nd A

utho

rity

2011

2010

Non

-Cur

rent

RM

RM

Low

cos

t hou

sing

......

......

......

......

......

......

11,7

46,3

856,

573,

555

Low

cos

t sho

phou

ses

......

......

......

......

......

...1,

037,

633

1,86

2,80

5C

omm

erci

al h

ousi

ng...

......

......

......

......

......

9,05

0,89

710

,228

,354

Com

mer

cial

sho

phou

ses

......

......

......

......

......

1,51

7,87

31,

768,

338

Con

dom

iniu

m/f

lats

......

......

......

......

......

...5,

405,

527

5,34

7,01

1

28,7

58,3

1525

,780

,063

Cur

rent

Low

cos

t hou

sing

......

......

......

......

......

......

12,6

16,3

739,

997,

883

RM

41,3

74,6

88R

M35

,777

,946


7.IN

VE

NT

OR

IES

OF

UN

SOL

D H

OU

SES

Gro

up a

nd A

utho

rity

Inve

ntor

ies

of u

nsol

d ho

uses

of

RM

7,58

4,43

1 (2

010

: RM

12,5

59,1

00)

are

carr

ied

at n

et r

ealis

able

val

ue.

8.T

RA

DE R

EC

EIV

AB

LE

SG

roup

2011

2010

RM

RM

Tra

de re

ceiv

able

s...

......

......

......

......

......

...21

,796

,050

23,2

10,5

94

Les

s: A

llow

ance

for d

oubt

ful

debt

s...

......

......

......

......

(1,9

19,6

56)

(1,9

19,6

56)

RM

19,8

76,3

94R

M21

,290

,938

Incl

uded

in tr

ade

rece

ivab

les

of th

e G

roup

are

ret

entio

n m

onie

s of

RM

7,69

7,63

2 (2

010

: RM

7,69

7,63

2)

9.O

TH

ER

RE

CE

IVA

BL

ES,

DE

POSI

TS

AN

D P

RE

PAY

ME

NT

SG

roup

Aut

hori

ty20

1120

1020

1120

10R

MR

MR

MR

MO

ther

rece

ivab

les,

dep

osits

and

pre

paym

ents

......

31,4

51,9

0523

,163

,763

28,3

47,7

5020

,776

,923

Les

s: A

llow

ance

for d

oubt

ful d

ebts

......

......

(9,5

61,0

00)

(9,5

61,0

00)

(8,3

66,3

11)

(8,3

66,3

11)

RM

21,8

90,9

05R

M13

,602

,763

RM

19,9

81,4

39R

M12

,410

,612

Incl

uded

in

othe

r re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts o

f th

e G

roup

and

of

the

Aut

hori

ty a

re l

oans

to

empl

oyee

s am

ount

ing

toR

M14

,009

(20

10 :

RM

23,2

67).L

EM

BA

GA

PE

MB

AN

GU

NA

N P

ER

UM

AH

AN

DA

N B

AN

DA

R(H

ousi

ng a

nd T

own

Dev

elop

men

t A

utho

rity

)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


10.

AM

OU

NT D

UE F

RO

M S

UB

SID

IAR

IES

Aut

hori

ty

The

am

ount

due

from

sub

sidi

arie

s is

uns

ecur

ed, i

nter

est f

ree

and

repa

yabl

e on

dem

and.

11.

AM

OU

NT D

UE

FR

OM

/(TO

) CO

NT

RA

CT C

UST

OM

ER

SG

roup

2011

2010

RM

RM

Con

trac

t cos

t inc

urre

d to

dat

e...

......

......

......

......

...12

3,70

9,60

211

7,85

2,60

0

Add

: A

ttrib

utab

le p

rofi

ts...

......

......

......

......

...5,

782,

255

5,31

8,00

9

129,

491,

857

123,

170,

669

Les

s: P

rogr

ess

billi

ngs

......

......

......

......

......

...(1

28,9

39,4

10)

(123

,629

,092

)

RM

552,

447

(RM

458,

423)

12.

AM

OU

NT D

UE

FR

OM

/(TO

) A D

IRE

CT

OR

Gro

up

The

am

ount

due

from

/(to

) a d

irec

tor i

s un

secu

red,

inte

rest

free

and

repa

yabl

e on

dem

and.

The

am

ount

ow

ing

is to

be

settl

ed in

cas

h.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


13.

FIX

ED

DE

POSI

TS

Gro

upA

utho

rity

2011

2010

2011

2010

RM

RM

RM

RM

Dep

osits

are

pla

ced

with

:L

icen

sed

bank

s...

......

......

...R

M57

,680

,056

RM

60,2

65,2

69R

M55

,689

,169

RM

57,4

46,5

09

Incl

uded

in th

e fi

xed

depo

sits

are

:

(a)

an a

mou

nt o

f RM

850,

000

(201

0 : R

M85

0,00

0) o

f the

Gro

up h

eld

unde

r lie

n by

lice

nsed

ban

ks to

sec

ure

the

over

draf

t and

ban

kgu

aran

tee

faci

litie

s gr

ante

d to

the

subs

idia

ries

(see

Not

e 16

).

(b)

a am

ount

of

RM

6,00

0,00

0 (2

010

: R

M6,

000,

000)

of

the

Gro

up a

nd o

f th

e A

utho

rity

hel

d on

lie

n by

a l

icen

sed

bank

for

the

over

draf

t fac

ilitie

s to

the

Aut

hori

ty.

14.

TR

AD

E P

AY

AB

LE

S

Gro

up a

nd A

utho

rity

Incl

uded

in tr

ade

paya

bles

of t

he G

roup

and

of t

he A

utho

rity

is re

tent

ion

sum

of R

M11

,163

,179

(201

0 : R

M11

,163

,132

) and

RM

5,17

7,03

0(2

010

: RM

4,70

0,98

3) r

espe

ctiv

ely.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

15.

P RO

VIS

ION

Gro

up a

nd A

utho

rity

Rep

air

and

mai

nten

ance

2011

2010

RM

RM

Bal

ance

at 1

st J

anua

ry, 2

011

......

......

......

......

...3,

577,

387

4,41

2,76

4Pr

ovis

ion

mad

e du

ring

the

year

......

......

......

......

...37

6,68

520

6,37

5Pr

ovis

ion

used

dur

ing

the

year

......

......

......

......

...(3

31,7

38)

(166

,722

)Pr

ovis

ion

reve

rsed

dur

ing

the

year

......

......

......

......

...(8

40,9

87)

(875

,030

)

Bal

ance

at 3

1st D

ecem

ber,

2011

......

......

......

......

...R

M2,

781,

347

RM

3,57

7,38

7

16.

BA

NK

OV

ER

DR

AFT

The

ban

k ov

erdr

aft o

f the

Gro

up b

ears

inte

rest

rate

at 1

% (2

010

: 1%

) abo

ve b

ase

lend

ing

rate

per

ann

um a

nd is

secu

red

by w

ay o

f fix

edde

posi

ts o

f R

M85

0,00

0 (2

010

: RM

850,

000

held

on

lien

by a

lice

nsed

ban

k (s

ee N

ote

13).


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

17.

HIR

E P

UR

CH

ASE

LIA

BIL

ITIE

S

Hir

e pu

rcha

se li

abili

ties

of th

e G

roup

is p

ayab

le a

s fo

llow

s:

Pay

men

tsIn

tere

stP

rinc

ipal

Pay

men

tsIn

tere

stP

rinc

ipal

G

roup

2011

2011

2011

2010

2010

2010

RM

RM

RM

RM

RM

RM

Les

s th

an o

ne y

ear

25,1

3872

524

,413

113,

424

5,04

510

8,37

9

Bet

wee

n on

e an

d fi

ve y

ears

--

-25

,138

725

24,4

13

25,1

3872

524

,413

138,

562

5,77

013

2,79

2

18.

S TA

TE

GO

VE

RN

ME

NT

LO

AN

S

Gro

up a

nd A

utho

rity

2011

2010

RM

RM

Stat

e G

over

nmen

t loa

ns -

unse

cure

dC

urre

nt...

......

......

......

......

......

...13

,136

,687

17,8

68,8

86N

on-c

urre

nt...

......

......

......

......

......

...18

,424

,087

18,4

18,7

87

RM

31,5

60,7

74R

M36

,287

,673


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

Ter

ms

and

debt

s re

paym

ent s

ched

ule

Und

er1

to 2

2 to

5O

ver

5T

otal

1 ye

arye

ars

year

sye

ars

RM

RM

RM

RM

RM

2010

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...R

M31

,560

,774

RM

13,1

36,6

87R

M61

0,18

0R

M1,

980,

926

RM

15,8

32,9

81

2009

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...R

M36

,287

,673

RM

17,8

68,8

86R

M46

8,89

0R

M1,

861,

516

RM

16,0

88,3

81

Stat

e G

over

nmen

t has

agr

eed

to c

onve

rt th

e go

vern

men

t loa

n to

gra

nt a

mou

ntin

g to

RM

Nil

(201

0 : R

M23

,071

,421

). A

n am

ount

of

RM

5,73

8,55

4 (2

010

: RM

5,31

2,18

7) h

as b

een

conv

erte

d du

ring

the

fina

ncia

l yea

r.

19.

F ED

ER

AL

GO

VE

RN

ME

NT

LO

AN

S

Gro

up a

nd A

utho

rity

2011

2010

RM

RM

Fede

ral G

over

nmen

t loa

ns -

uns

ecur

edC

urre

nt...

......

......

......

......

......

...19

,897

,889

18,5

71,3

44N

on-c

urre

nt...

......

......

......

......

......

...13

,584

,639

14,1

42,3

00

RM

33,4

82,5

28R

M32

,713

,644

18.

STA

TE

GO

VE

RN

ME

NT

LO

AN

S - (

cont

.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

Ter

ms

and

debt

s re

paym

ent s

ched

ule

The

loan

s in

tere

st is

pay

able

as

follo

ws:

Loa

ns f

or c

ondo

min

ium

s...

......

......

......

4.0

% to

7.5

% p

er a

nnum

Loa

ns fo

r all

othe

r hou

sing

pro

ject

s...

......

......

4.0%

per

ann

um

Und

er1

to 2

2 to

5O

ver

5T

otal

1 ye

arye

ars

year

sye

ars

RM

RM

RM

RM

RM

2010

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

RM

33,4

82,5

28R

M19

,897

,889

RM

585,

036

RM

1,93

4,54

7R

M11

,065

,056

2009

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

RM

32,7

13,6

44R

M18

,571

,344

RM

557,

661

RM

1,84

3,21

8R

M11

,741

,421

20.

GO

VE

RN

ME

NT

TR

UST

FU

ND

SG

roup

and

Aut

hori

ty20

1120

10R

MR

M

Stat

e G

over

nmen

t Hou

sing

Fun

d...

......

......

......

......

34,2

7634

,276

Stat

e Fu

nd fo

r New

Tow

nshi

p...

......

......

......

......

1,27

3,94

41,

134,

843

Stat

e G

over

nmen

t Sub

sidi

es F

und

......

......

......

......

...2,

677,

918

2,67

7,91

8St

ate

Gov

ernm

ent A

genc

y Fu

nds

......

......

......

......

...3,

138,

460

3,26

9,41

5St

ate

Rev

olvi

ng F

und

(SPP

)...

......

......

......

......

...5,

212,

657

2,00

0,00

0R

M12

,337

,255

RM

9,11

6,45

2

19.

FED

ER

AL

GO

VE

RN

ME

NT

LO

AN

S - (

cont

.)


21.

MIN

OR

ITY

SH

AR

EH

OL

DE

RS’

INT

ER

EST

Thi

s co

nsis

ts o

f the

min

ority

sha

reho

lder

s’ p

ropo

rtio

n of

sha

re c

apita

l and

rese

rve

of a

sub

sidi

ary.

22.

DE

FER

RE

D T

AX

LIA

BIL

ITY

Gro

up20

1120

10R

MR

MA

t 1st

Jan

uary

......

......

......

......

......

...-

12,8

03R

ecog

nise

d in

inco

me

stat

emen

t (N

ote

25)

......

......

......

...-

(12,

803)

At 3

1st D

ecem

ber

......

......

......

......

......

...-

-

The

reco

gnis

ed d

efer

red

tax

liabi

lity

aris

es fr

om e

xces

s of

cap

ital a

llow

ance

s ov

er d

epre

ciat

ion.

23.

RE

VE

NU

EG

roup

Aut

hori

ty20

1120

1020

1120

10R

MR

MR

MR

MPr

ofit

from

pri

vatis

ed p

roje

cts

......

......

33,3

39,0

7420

,242

,891

33,3

39,0

7420

,242

,891

Prof

it fr

om s

ales

of c

ompl

eted

pro

pert

ies.

.....

...(1

,204

,687

)2,

240,

656

(1,2

04,6

87)

2,24

0,65

6Sa

les

of p

rope

rtie

s an

d de

velo

pmen

t lan

d...

......

6,42

7,45

94,

526,

726

--

Insu

ranc

e co

mm

issi

on in

com

e...

......

......

29,2

153,

998

--

Scra

p m

etal

com

mis

sion

......

......

......

6,35

26,

555

--

RM

38,5

97,4

13R

M27

,020

,826

RM

32,1

34,3

87R

M22

,483

,547

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


24.

OPE

RA

TIN

G P

RO

FIT

Gro

upA

utho

rity

2011

2010

2011

2010

RM

RM

RM

RM

Ope

rati

ng p

rofi

t is

arri

ved

at a

fter

cre

diti

ng:

Gai

n on

dis

posa

l of

prop

erty

, pla

nt a

nd e

quip

men

t...

509,

896

64,3

6718

0,31

916

8G

over

nmen

t loa

n co

nver

ted

to g

rant

......

......

5,73

8,55

45,

312,

187

5,73

8,55

45,

312,

187

Inte

rest

inco

me

......

......

......

...2,

973,

268

1,61

6,28

42,

892,

909

1,60

0,55

2M

anag

emen

t fee

s...

......

......

......

521,

271

1,32

3,29

352

1,27

11,

243,

293

Ren

tal i

ncom

e...

......

......

......

3,75

9,39

02,

715,

911

3,75

9,39

02,

705,

411

and

afte

r ch

argi

ng:

Aud

itors

’ re

mun

erat

ion

......

......

...34

,265

39,1

6318

,265

23,1

63B

oard

mem

bers

’ re

mun

erat

ion

-ot

her

emol

umen

ts...

......

......

...24

5,15

031

3,70

024

5,15

031

3,70

0-

stud

y to

ur...

......

......

......

160,

079

187,

476

160,

079

187,

476

Dep

reci

atio

n...

......

......

......

1,53

6,23

31,

651,

106

1,37

9,59

01,

462,

264

Dir

ecto

rs’ r

emun

erat

ion

-fe

es...

......

......

......

...13

5,40

017

4,00

0-

--

Em

ploy

ees’

Pro

vide

nt F

und

cont

ribu

tions

......

7,20

07,

200

--

-ot

her

emol

umen

ts...

......

......

...32

9,43

225

9,86

9-

-In

tere

st e

xpen

se...

......

......

......

1,41

1,78

01,

222,

168

1,36

6,60

21,

178,

414

Plan

t and

equ

ipm

ent w

ritte

n of

f...

......

...-

4,90

7-

-R

enta

l exp

ense

......

......

......

...13

8,99

013

8,99

0-

-

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


25.

TA

X E

XPE

NSE

Gro

upA

utho

rity

2011

2010

2011

2010

RM

RM

RM

RM

Cur

rent

taxa

tion

-C

urre

nt y

ear

......

......

......

...29

4,33

260

,423

420,

443

57,6

23-

Und

er/(

Ove

r) p

rovi

sion

in p

revi

ous

year

......

138,

111

(14,

461)

--

-R

ever

sal o

f te

mpo

rary

dif

fere

nces

(Not

e 22

)...

...-

(12,

803)

--

RM

432,

443

RM

33,1

59R

M42

0,44

3R

M57

,623

Rec

onci

liat

ion

of e

ffec

tive

tax

rate

:

Prof

it be

fore

taxa

tion

......

......

......

8,02

2,88

17,

345,

137

9,69

0,82

19,

611,

472

Inco

me

tax

usin

g M

alay

sia

tax

rate

......

......

2,05

1,12

61,

909,

557

2,42

2,70

52,

402,

868

Tax

exe

mpt

inco

me

......

......

......

(6,3

86,2

41)

(2,2

19,0

32)

(6,3

20,3

26)

(2,2

06,2

32)

Non

-ded

uctib

le e

xpen

ses

......

......

...4,

528,

815

289,

999

4,34

6,62

824

7,42

5D

efer

red

tax

asse

ts n

ot re

cogn

ised

......

......

234,

612

--

-E

ffec

t of

defe

rred

tax

bene

fit n

ot r

ecog

nise

d...

...32

,695

453,

534

--

Eff

ect t

o ta

x lo

sses

now

util

ised

......

......

--

--

Una

bsor

bed

capi

tal a

llow

ance

now

util

ised

......

...(1

66,6

75)

(386

,438

)(1

66,6

75)

(386

,438

)

Oth

er it

ems.

.....

......

......

......

-97

,631

--

294,

332

47,6

2028

2,33

257

,623

Und

er/(

Ove

r) p

rovi

sion

in p

revi

ous

year

......

138,

111

(14,

461)

138,

111

-

Tax

exp

ense

......

......

......

...43

2,44

333

,159

420,

443

57,6

23

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


No

defe

rred

tax

asse

ts h

as b

een

reco

gnis

ed fo

r the

follo

win

g ite

ms:

Gro

up a

nd A

utho

rity

2011

2010

RM

RM

Una

bsor

bed

capi

tal a

llow

ance

s...

......

......

......

......

351,

500

279,

700

Unu

tilis

ed ta

x lo

sses

......

......

......

......

......

...3,

734,

500

3,15

9,00

0

4,08

6,00

03,

438,

700

The

ded

uctib

le te

mpo

rary

dif

fere

nces

, una

bsor

bed

capi

tal a

llow

ance

s an

d un

utili

sed

tax

loss

es d

o no

t exp

ire

unde

r cur

rent

tax

legi

sla-

tion.

Def

erre

d ta

x as

sets

hav

e no

t bee

n re

cogn

ised

in re

spec

t of t

hese

item

s be

caus

e it

is n

ot p

roba

ble

that

futu

re ta

xabl

e pr

ofit

will

be

avai

labl

e ag

ains

t whi

ch th

e G

roup

can

util

ise

the

bene

fits

.

26.

EM

PLO

YE

ES

INFO

RM

AT

ION

Gro

upA

utho

rity

2011

2010

2011

2010

RM

RM

RM

RM

Staf

f cos

ts...

......

......

......

12,6

19,7

1112

,472

,904

11,3

69,7

3511

,244

,366

Incl

uded

in s

taff

cos

ts o

f the

Gro

up a

nd o

f the

Aut

hori

ty is

Em

ploy

ees

Prov

iden

t Fun

d an

d ot

her r

etir

emen

t ben

efits

of R

M1,

045,

522

(201

0 : R

M1,

029,

064)

and

RM

946,

816

(201

0 : R

M92

8,66

1).

The

num

ber o

f em

ploy

ees

of th

e G

roup

and

of t

he A

utho

rity

(exc

ludi

ng d

irec

tors

) at t

he e

nd o

f the

yea

r was

220

(201

0 : 2

24) a

nd 1

90(2

010

: 190

) re

spec

tivel

y.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)

25.

TA

X E

XPE

NSE

- (c

ont.)


27.

LIT

IGA

TIO

NS

(a)

In y

ear 2

008,

a la

nd o

wne

r has

file

d an

app

licat

ion

in th

e H

igh

Cou

rt fo

r an

inju

nctio

n ag

ains

t the

Gro

up fo

r spi

llage

or d

epos

itof

ear

th-f

ill m

ater

ials

ont

o he

r lan

d. A

ccor

ding

to th

e C

onse

nt O

rder

dat

ed 7

th F

ebru

ary,

201

1, th

e G

roup

has

to c

arry

out

and

com

plet

e al

l nec

essa

ry r

ectif

icat

ion

and/

or r

e-co

nstr

uctio

n w

orks

to th

e da

mag

ed d

eten

tion

pond

with

pro

per

wat

er d

isch

arge

outle

t. H

owev

er, t

he G

roup

has

yet

to a

ccou

nt fo

r the

cos

t in

its fi

nanc

ial s

tate

men

ts.

(b)

In y

ear 2

009,

a d

evel

oper

com

men

ced

lega

l act

ion

agai

nst t

he G

roup

for b

reac

h of

con

trac

t in

rega

rds

to th

e sa

les

and

purc

hase

of 6

par

cels

of

land

. The

Gro

up h

as f

iled

its d

efen

se w

ith th

e H

igh

Cou

rt. T

he d

ate

for

the

hear

ing

has

been

fix

ed b

y th

e H

igh

Cou

rt o

n 25

th a

nd 2

6th

Apr

il, 2

011.

The

dev

elop

er is

cla

imin

g da

mag

es fo

r RM

5,18

5,00

0. T

he G

roup

did

not

acc

ount

for a

nysu

ch a

mou

nt in

its

fina

ncia

l sta

tem

ents

.

(c)

On

5th

May

, 200

9, a

sub

-con

trac

tor

file

d a

clai

m in

reg

ards

to o

utst

andi

ng c

laim

s fo

r co

ntra

ct w

orks

, wro

ngfu

l ded

uctio

n of

Con

stru

ctio

n In

dust

ry D

evel

opm

ent B

oard

(CID

B) l

evy

and

refu

nd o

f liq

uida

ted

asce

rtai

ned

dam

ages

am

ount

ing

to R

M1,

065,

701.

A p

aym

ent a

mou

nted

to R

M70

3,42

6 w

as p

aid

to th

e su

b-co

ntra

ctor

on

2nd

June

, 200

9 an

d th

ere

still

hav

e a

bala

nce

of R

M36

2,27

5du

e to

the

sub-

cont

ract

or. T

he a

mou

nts

have

bee

n re

cogn

ised

acc

ordi

ngly

in th

e fi

nanc

ial s

tate

men

ts o

f th

e G

roup

.

(d)

On

16th

Aug

ust,

2010

, tw

o jo

int-

vent

ure

sub-

cont

ract

ors f

iled

a cl

aim

in re

gard

s to

the

mon

ies f

or w

ork

done

, pay

men

t mad

e fo

ran

d on

beh

alf o

f the

Gro

up a

nd fo

r whi

ch th

e G

roup

hav

e en

joye

d th

e be

nefi

ts. H

owev

er, t

he d

ate

for t

he a

rbitr

atio

n ha

s not

bee

nfi

xed

by th

e K

uala

Lum

pur

Reg

iona

l Cen

tre

For

Arb

itrat

ion.

The

join

t-ve

ntur

e su

b-co

ntra

ctor

s ar

e cl

aim

ing

the

paym

ent f

orw

ork

done

for

RM

6,66

3,59

2. T

he G

roup

did

not

acc

ount

for

any

suc

h am

ount

in it

s fi

nanc

ial s

tate

men

ts.

28.

CO

NT

ING

EN

T L

IAB

ILIT

IES

The

Gro

up a

nd th

e A

utho

rity

has

exe

cute

d a

thir

d pa

rty

char

ge o

ver i

ts d

evel

opm

ent p

rope

rtie

s in

favo

ur o

f the

fina

ncia

l ins

titut

ions

for

bank

ing

faci

litie

s gr

ante

d to

dev

elop

ers

and

cont

ract

ors

amou

ntin

g to

RM

172,

420,

741

(201

0 : R

M98

,386

,368

).

29.

CO

MPA

RA

TIV

E F

IGU

RE

S

Cer

tain

com

para

tive

figu

res i

n th

e fi

nanc

ial s

tate

men

ts o

f the

Gro

up a

nd A

utho

rity

hav

e be

en re

clas

sifi

ed to

con

form

with

the

pres

enta

tion

in th

e cu

rren

t fin

anci

al y

ear.

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

011

- (co

nt.)


PUBLIC NOTICES

No. 827 [No. MdI/156/H/004/292/2013 (73504/289/2013)

AKTA KEBANKRAPAN, 1967

MESYUARAT AM

Nama Siberhutang: Jamain bin Sergan @ Jamain SergauNo. Kad Pengenalan: 741215-12-5985/H 0922906

Alamat: Kg. Labuan,Jalan Tamau,89150 Kota Belud, Sabah

Perihal: -

Mahkamah: Mahkamah Tinggi, Kota KinabaluNo. Kebankrapan: BKI29-94/1 tahun 2013

Tarikh Mesyuarat Am: 4 Disember 2013Waktu: 2.30 petang

Tempat: Jabatan Insolvensi Malaysia, Kota KinabaluTarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -

Alamat:

Jabatan Insolvensi Malaysia,Cawangan Kota Kinabalu,Aras 5, Blok A,Kompleks Pentadbiran Kerajaan Persekutuan Sabah,Jalan Sulaman, Likas,88450 Kota Kinabalu, Sabah.

Tarikh: 31 Oktober 2013.LEO ANAK SAGA,

Pengarah Insolvensi Negeri,b.p. Ketua Pengarah Insolvensi, Malaysia.

[No. MdI/156/H/004/292/2013 (73504/289/2013)

BANKRUPTCY ACT, 1967

GENERAL MEETING

Debtor’s Name: Jamain bin Sergan @ Jamain SergauNRIC No.: 741215-12-5985/H 0922906

Address: Kg. Labuan,Jalan Tamau,89150 Kota Belud, Sabah

Description: -Court: High Court, Kota Kinabalu

Bankruptcy Number: BKI29-94/1 of 2013

14 November 20132,466


Date of General Meeting: 4th December, 2013

Time: 2.30 p.m.Place: Department of Insolvency Malaysia, Kota Kinabalu

Date of Order (if any) for Summary Administration (Section 106): -Address:

Department of Insolvency Malaysia,Kota Kinabalu Branch,Level 5, Block A,Kompleks Pentadbiran Kerajaan Persekutuan Sabah,Jalan Sulaman, Likas,88450 Kota Kinabalu, Sabah.

Dated: 31st October, 2013.LEO ANAK SAGA,

State Director of Insolvency,for Director-General of Insolvency, Malaysia.

No. 828 [No. MdI/156/H/004/294/2013 (73504/291/2013)


MESYUARAT AM

Nama Siberhutang: Hussin bin Abd. RashidNo. Kad Pengenalan: 600411-12-5529/H 0528037

Alamat: W. D. T. No. 114,88901 Kota Kinabalu, Sabah

Perihal: -Mahkamah: Mahkamah Tinggi, Kota Kinabalu

No. Kebankrapan: BKI29-339/4 tahun 2013Tarikh Mesyuarat Am: 4 Disember 2013

Waktu: 3.00 petangTempat: Jabatan Insolvensi Malaysia, Kota Kinabalu

Tarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -Alamat:




2,46714 November 2013


[No. MdI/156/H/004/294/2013 (73504/291/2013)


GENERAL MEETING

Debtor’s Name: Hussin bin Abd. Rashid

NRIC No.: 600411-12-5529/H 0528037

Address: W. D. T. No. 114,88901 Kota Kinabalu, Sabah

Description: -

Court: High Court, Kota Kinabalu



Time: 3.00 p.m.

Place: Department of Insolvency Malaysia, Kota Kinabalu

Date of Order (if any) for Summary Administration (Section 106): -

Address:




No. 829 [No. MdI/156/H/004/302/2013 (73504/299/2013)


MESYUARAT AM

Nama Siberhutang: Mohd. Haffindi bin Kusnan @ Kuanan

No. Kad Pengenalan: 730920-12-5143/H 0842698Alamat: Jabatan Penjara, Penjara Pusat,

Peti Surat No. 11020,88811 Kota Kinabalu, Sabah

Perihal: -


Tarikh Mesyuarat Am: 4 Disember 2013

PUBLIC NOTICES - (cont.)

14 November 20132,468


Waktu: 3.30 petang


Alamat:




[No. MdI/156/H/004/302/2013 (73504/299/2013)


GENERAL MEETING

Debtor’s Name: Mohd. Haffindi bin Kusnan @ KuananNRIC No.: 730920-12-5143/H 0842698Address: Jabatan Penjara, Penjara Pusat,

P. O. Box No. 11020,88811 Kota Kinabalu, Sabah

Description: -

Court: High Court, Kota KinabaluBankruptcy Number: BKI29-720/10 of 2012

Date of General Meeting: 4th December, 2013Time: 3.30 p.m.

Place: Department of Insolvency Malaysia, Kota KinabaluDate of Order (if any) for Summary Administration (Section 106): -Address:




2,46914 November 2013


No. 830 [No. MdI/156/H/004/326/2013 (73504/317/2013)


MESYUARAT AM

Nama Siberhutang: Tie Sing BingNo. Kad Pengenalan: 520529-13-5319/K 361344

Alamat: No. 28f, Lorong Green No. 1,KCLD, Jalan Tun Ahmad Zardi Adruce,93250 Kuching, Sarawak

Perihal: -




Alamat:




[No. MdI/156/H/004/326/2013 (73504/317/2013)


GENERAL MEETING

Debtor’s Name: Tie Sing Bing

NRIC No.: 520529-13-5319/K 361344

Address: No. 28f, Lorong Green No. 1,KCLD, Jalan Tun Ahmad Zardi Adruce,93250 Kuching, Sarawak

Description: -





14 November 20132,470


Time: 3.30 p.m.



Address:




No. 831 [No. MdI/156/H/004/338/2013 (73504/337/2013)


MESYUARAT AM

Nama Siberhutang: Rachel Thomas SeverinusNo. Kad Pengenalan: 830317-12-5614

Alamat: No. 28f, Lorong Green No. 1,KCLD, Jalan Tun Ahmad Zardi Adruce,93250 Kuching, Sarawak

Perihal: -




Alamat:


Tarikh: 1 November 2013.LEO ANAK SAGA,


2,47114 November 2013


[No. MdI/156/H/004/338/2013 (73504/337/2013)


GENERAL MEETING

Debtor’s Name: Rachel Thomas SeverinusNRIC No.: 830317-12-5614

Address: No. 28f, Lorong Green No. 1,KCLD, Jalan Tun Ahmad Zardi Adruce,93250 Kuching, Sarawak

Description: -



Place: Department of Insolvency Malaysia, Kota KinabaluDate of Order (if any) for Summary Administration (Section 106): -

Address:


Dated: 1st November, 2013.LEO ANAK SAGA,


No. 832 [No. MdI/156/H/004/309/2013 (73504/305/2013)


MESYUARAT AM

Nama Siberhutang: Tang Ting SiongNo. Kad Pengenalan: 651221-13-5531/K 0094176

Alamat: Lot 90, No. Rumah 31,Taman Seputeh, Jalan Damai,88300 Kota Kinabalu, Sabah

Perihal: -




14 November 20132,472


Waktu: 3.00 petang


Alamat:




[No. MdI/156/H/004/309/2013 (73504/305/2013)


GENERAL MEETING

Debtor’s Name: Tang Ting Siong

NRIC No.: 651221-13-5531/K 0094176

Address: Lot 90, House No. 31,Taman Seputeh, Damai Road,88300 Kota Kinabalu, Sabah

Description: -




Time: 3.00 p.m.



Address:


Dated: 1st November, 2013LEO ANAK SAGA,


2,47314 November 2013


No. 833 [No. MdI/156/H/004/297/2013 (73504/294/2013)


MESYUARAT AM

Nama Siberhutang: Rozlina binti ShamsudinNo. Kad Pengenalan: 791002-12-6058

Alamat: Peti Surat No. 141,Kampung Ranau,89107 Kota Marudu, Sabah

Perihal: -




Alamat:




[No. MdI/156/H/004/297/2013 (73504/294/2013)


GENERAL MEETING

Debtor’s Name: Rozlina binti ShamsudinNRIC No.: 791002-12-6058

Address: P. O. Box No. 141,Kampung Ranau,89107 Kota Marudu, Sabah


Bankruptcy Number: BKI29-98/1 of 2013Date of General Meeting: 13th December, 2013


14 November 20132,474


Time: 2.30 p.m.

Place: Department of Insolvency Malaysia, Kota KinabaluDate of Order (if any) for Summary Administration (Section 106): -

Address:




No. 834 [No. MdI/156/H/004/298/2013 (73504/295/2013)


MESYUARAT AM

Nama Siberhutang: Julbahari bin UjariNo. Kad Pengenalan: 720411-12-5525/H 0911724

Alamat: EF 89, Sabah Forest Industries Housing Complex,89850 Sipitang, Sabah

Perihal: -




Alamat:




2,47514 November 2013


[No. MdI/156/H/004/298/2013 (73504/295/2013)


GENERAL MEETING

Debtor’s Name: Julbahari bin Ujari

NRIC No.: 720411-12-5525/H 0911724

Address: EF 89, Sabah Forest Industries Housing Complex,89850 Sipitang, Sabah

Description: -


Bankruptcy Number: BKI29-812/11 tahun 2012


Time: 3.00 p.m.



Address:




No. 835 [No. MdI/156/H/004/299/2013 (73504/296/2013)


MESYUARAT AM

Nama Siberhutang: Abdul Kadir bin ChinnaiyahNo. Kad Pengenalan: 560314-12-5187/H 0491215

Alamat: Pekan Lama,W. D. T. 90,89059 Kudat, Sabah




14 November 20132,476


Waktu: 9.30 pagi


Alamat:




[No. MdI/156/H/004/299/2013 (73504/296/2013)


GENERAL MEETING

Debtor’s Name: Abdul Kadir bin Chinnaiyah

NRIC No.: 560314-12-5187/H 0491215

Address: Pekan Lama,W. D. T. 90,89059 Kudat, Sabah

Description: -




Time: 9.30 a.m.



Address:


Dated: 4th November, 2013.LEO ANAK SAGA,


2,47714 November 2013


No. 836 [No. MdI/156/H/004/300/2013 (73504/297/2013)


MESYUARAT AM

Nama Siberhutang: Chua Li VeiNo. Kad Pengenalan: 740625-12-5529/H 0840655

Alamat: Kampung Malaka,89357 Inanam, Sabah



Waktu: 10.00 pagiTempat: Jabatan Insolvensi Malaysia, Kota Kinabalu

Tarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -

Alamat:




[No. MdI/156/H/004/300/2013 (73504/297/2013)


GENERAL MEETING

Debtor’s Name: Chua Li Vei

NRIC No.: 740625-12-5529/H 0840655

Address: Kampung Malaka,89357 Inanam, Sabah

Description: -




Time: 10.00 a.m.


14 November 20132,478




Address:




No. 837 [No. MdI/156/H/004/310/2013 (73504/306/2013)


MESYUARAT AM

Nama Siberhutang: Aremon NasirNo. Kad Pengenalan: 770215-12-5865/H 0936286

Alamat: Kg. Panatian,Jalan Taiwan,Peti Surat No. 166,89107 Kota Marudu, Sabah

Perihal: -


Tarikh Mesyuarat Am: 17 Disember 2013Waktu: 10.30 pagi


Alamat:




2,47914 November 2013


[No. MdI/156/H/004/310/2013 (73504/306/2013)


GENERAL MEETING

Debtor’s Name: Aremon Nasir

NRIC No.: 770215-12-5865/H 0936286

Address: Kg. Panatian,Jalan Taiwan,P. O. Box No. 166,89107 Kota Marudu, Sabah

Description: -




Time: 10.30 a.m.



Address:




No. 838 [No. MdI/156/H/004/328/2013 (73504/319/2013)


MESYUARAT AM

Nama Siberhutang: Zulfikar bin Isnani

No. Kad Pengenalan: 771215-12-5667/H 0968029Alamat: Peti Surat No. 87,

91308 Semporna, SabahPerihal: -




14 November 20132,480


Waktu: 11.30 pagi


Alamat:




[No. MdI/156/H/004/328/2013 (73504/319/2013)


GENERAL MEETING

Debtor’s Name: Zulfikar bin IsnaniNRIC No.: 771215-12-5667/H 0968029Address: P. O. Box No. 87,

91308 Semporna, Sabah


Bankruptcy Number: BKI29-212/3 tahun 2013Date of General Meeting: 17th December, 2013

Time: 11.30 a.m.Place: Department of Insolvency Malaysia, Kota Kinabalu


Address:




2,48114 November 2013


No. 839 [No. MdI/156/H/004/316/2013 (73504/312/2013)


MESYUARAT AM

Nama Siberhutang: Mat Salleh bin SuraNo. Kad Pengenalan: 590706-12-5693/H 0103652

Alamat: WPLBKM 0665,Jalan Penghulu Tuah,87000 Wilayah Persekutuan Labuan

Perihal: -


Tarikh Mesyuarat Am: 17 Disember 2013Waktu: 11.00 pagi


Alamat:




[No. MdI/156/H/004/316/2013 (73504/312/2013)


GENERAL MEETING

Debtor’s Name: Mat Salleh bin Sura

NRIC No.: 590706-12-5693/H 0103652Address: WPLBKM 0665,

Jalan Penghulu Tuah,87000 Federal Territory of Labuan

Description: -




14 November 20132,482


Time: 11.00 a.m.



Address:




No. 840 [No. MdI/156/H/004/329/2013 (73504/320/2013)


MESYUARAT AM

Nama Siberhutang: Mohd. Dzul Azhar bin JulkalaniNo. Kad Pengenalan: 821221-12-5455

Alamat: Lot 206, Tingkat 2,Wisma Tun Fuad Stephens,Km. 2.4, Jalan Tuaran,89206 Kota Kinabalu

Perihal: -


Tarikh Mesyuarat Am: 17 Disember 2013Waktu: 12.00 tengah hari

Tempat: Jabatan Insolvensi Malaysia, Kota KinabaluTarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -Alamat:




2,48314 November 2013


[No. MdI/156/H/004/329/2013 (73504/320/2013)


GENERAL MEETING

Debtor’s Name: Mohd. Dzul Azhar bin Julkalani

NRIC No.: 821221-12-5455Address: Lot 206, 2nd Floor,

Wisma Tun Fuad Stephens,Km. 2.4, Tuaran Road,89206 Kota Kinabalu


Bankruptcy Number: BKI29-211/3 of 2013Date of General Meeting: 17th December, 2013

Time: 12.00 noonPlace: Department of Insolvency Malaysia, Kota Kinabalu


Address:




No. 841 [No. MdI/156/H/004/336/2013 (73504/327/2013)


MESYUARAT AM

Nama Siberhutang: Mohd. Hensley Fadly bin Mohd. Nordin

No. Kad Pengenalan: 770108-12-5253Alamat: S-10, Peringkat 1,

Kg. Muhibbaharaya, Batu 41/2, Jalan Kuhara,91009 Tawau, Sabah


No. Kebankrapan: BKI29-329/4 tahun 2013


14 November 20132,484




Tarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -Alamat:




[No. MdI/156/H/004/336/2013 (73504/327/2013)


GENERAL MEETING

Debtor’s Name: Mohd. Hensley Fadly bin Mohd. Nordin

NRIC No.: 770108-12-5253Address: S-10, Peringkat 1,

Kg. Muhibbaharaya, Mile 41/2, Kuhara Road,91009 Tawau, Sabah

Description: -



Place: Department of Insolvency Malaysia, Kota KinabaluDate of Order (if any) for Summary Administration (Section 106): -Address:




2,48514 November 2013


No. 842 [No. MdI/156/H/004/308/2013 (73504/304/2013)


MESYUARAT AM

Nama Siberhutang: Daniel PaminNo. Kad Pengenalan: 781026-12-5587

Alamat: No. 65, Lorong Bunga Bakawali,Taman Fortune Fasa 1,Jalan Penampang,88300 Kota Kinabalu, Sabah

Perihal: -




Alamat:




[No. MdI/156/H/004/308/2013 (73504/304/2013)


GENERAL MEETING

Debtor’s Name: Daniel Pamin

NRIC No.: 781026-12-5587

Address: No. 65, Lorong Bunga Bakawali,Taman Fortune Phase 1,Penampang Road,88300 Kota Kinabalu, Sabah

Description: -




14 November 20132,486



Time: 2.30 p.m.



Address:




No. 843 [No. MdI/156/H/004/193/2002 (73504/10/2002)


MESYUARAT AM

Nama Siberhutang: Ha Tung MeuNo. Kad Pengenalan: 450302-13-5583/K 317348

Alamat: Peti Surat No. 16367,88870 Kota Kinabalu


No. Kebankrapan: K29-104 tahun 2001Tarikh Mesyuarat Am: 7 November 2013


Tarikh Perintah (jika ada) bagi Pentadbiran Terus (Seksyen 106): -

Alamat:


Tarikh: -LEO ANAK SAGA,


2,48714 November 2013


[No. MdI/156/H/004/193/2002 (73504/10/2002)


GENERAL MEETING

Debtor’s Name: Ha Tung Meu

NRIC No.: 450302-13-5583/K 317348

Address: Peti Surat No. 16367,88870 Kota Kinabalu

Description: -


Bankruptcy Number: K29-104 of 2001

Date of General Meeting: 7th November, 2013

Time: 2.30 p.m.



Address:


Dated: -LEO ANAK SAGA,


No. 844 [No. MdI/156/H/004/206/2003 (73504/90/2003)


MESYUARAT AM

Nama Siberhutang: Wong Hee GuongNo. Kad Pengenalan: 430824-13-5152/K 312790

Alamat: Peti Surat No. 16367,88870 Kota Kinabalu

Perihal: -

Mahkamah: Mahkamah Tinggi, Kota KinabaluNo. Kebankrapan: K29-106 tahun 2001

Tarikh Mesyuarat Am: 7 November 2013


14 November 20132,488


Waktu: 2.30 petang


Alamat:




[No. MdI/156/H/004/206/2003 (73504/90/2003)


GENERAL MEETING

Debtor’s Name: Wong Hee Guong

NRIC No.: 430824-13-5152/K 312790

Address: P. O. Box No. 16367,88870 Kota Kinabalu

Description: -


Bankruptcy Number: K29-106 of 2001


Time: 2.30 p.m.



Address:




2,48914 November 2013


No. 845 [No. MdI/156/H/004/872/90 (73504/149/91)


MESYUARAT AM

Nama Siberhutang: Wong Vui Khiong

No. Kad Pengenalan: 650615-12-5147/H 0629633Alamat: No. 205-1-16, Apartmen Seri Maju,

Menggatal,88820 Kota Kinabalu

Perihal: -

Mahkamah: Mahkamah Tinggi, Kota KinabaluNo. Kebankrapan: K872 tahun 1990

Tarikh Mesyuarat Am: 14 November 2013Waktu: 2.30 petang


Alamat:




[No. MdI/156/H/004/872/90 (73504/149/91)


GENERAL MEETING

Debtor’s Name: Wong Vui Khiong

NRIC No.: 650615-12-5147/H 0629633

Address: No. 205-1-16, Seri Maju Apartment,Menggatal,88820 Kota Kinabalu

Description: -


Bankruptcy Number: K872 of 1990


14 November 20132,490


Time: 2.30 p.m.



Address:




_______

REPEATED NOTIFICATION

No. 774 [No. JKM. PHB. 600-2/3/166 (22)

ORDINAN PENGAMBILAN TANAH

Bab 69

ARAHAN DI BAWAH SEKSYEN 5

Bahawasanya Yang di-Pertua Negeri berpendapat bahawa mana-mana tanah yangdisebut dalam Pemberitahuan Warta No. 721/2013 hendaklah diambil, tetapi pengisytiharanserta-merta bagi maksud itu adalah tidak mungkin dapat dibuat sehingga kerja-kerjapengukuran disiapkan; oleh yang demikian, pada menjalankan kuasa yang diberikan

Bab 69kepadanya oleh seksyen 5 Ordinan Pengambilan Tanah, Yang di-Pertua Negeridengan ini mengarahkan bahawa pegawai yang diberi kuasa boleh melakukan apa-

apa kerja di atas tanah yang berkaitan dengan penggunaannya yang bagi maksud itulahtanah itu dicadangkan untuk diambil, iaitu Menaik Taraf Sistem Bekalan Air Daerah Beau-fort dan Kuala Penyu.

Bertarikh di Kota Kinabalu, pada 8 Oktober 2013.

Dengan Perintah Tuan Yang Terutama,

DATUK SERI PANGLIMA MUSA HJ. AMAN,Ketua Menteri Sabah.

2,49114 November 2013


[No. JKM. PHB. 600-2/3/166 (22)

LAND ACQUISITION ORDINANCE

Cap. 69

DIRECTION UNDER SECTION 5

Whereas it appears to the Yang di-Pertua Negeri that the land referred to in GazetteNotification No. 721/2013 should be acquired, but that until surveying work is completed,it is not possible to make an immediate declaration to that effect; now, therefore, in

exercise of the powers conferred upon him by section 5 of the Land AcquisitionCap. 69

Ordinance, the Yang di-Pertua Negeri hereby directs that the authorised officersmay do any works on the land connected with the use, to which the land is intended to beput on its acquisition, to wit, the Upgrading of Water Supply System in Beaufort andKuala Penyu District.

Dated at Kota Kinabalu, this 8th day of October, 2013.

By His Excellency’s Command,

DATUK SERI PANGLIMA MUSA HJ. AMAN,Chief Minister of Sabah.

Kadar langganan berikut bagi Warta Kerajaan Negeri Sabah yang berkuat kuasamulai daripada 1 Januari 2013 adalah diterbitkan untuk makluman Umum:

KADAR LANGGANAN UNTUK TAHUN 2013

Warta Kerajaan termasuk tambahan-tambahan:- (Tidak termasuk Tambahan Tanda Perdagangan)

RMLangganan Tahunan di dalam Malaysia ... ... 120.00Langganan Tahunan di luar Malaysia ... ... ... 180.00Tambahan Tanda Perdagangan (untuk satu keluaran) 2.40

Sesuatu naskhah Warta Kerajaan, Tambahan-tambahan, RangUndang-undang, Laporan Dewan Undangan Negeri,Pekeliling dan lain-lain.

Tidak lebih daripada 8 muka ... ... ... ... 1.80

Tidak lebih 9 hingga 16 muka ... ... ... ... 2.40





REPEATED NOTIFICATION - (cont.)

14 November 20132,492


Lebih daripada 96 muka ... ... ... ... ... 7.20 dan tambahRM1.20untuk setiap32 mukayang lebih.

Senaskhah Tahunan Tambahan Pertama dan Kedua sertaindeks 2012 (dijilid dengan Kulit Keras) ... ... RM 42.00

Kadar-kadar di atas adalah termasuk belanja Pos biasa (mel laut)

Pengiriman Wang hendaklah dialamatkan kepada Pencetak Kerajaan, JabatanCetak Kerajaan, Kota Kinabalu, Sabah. Cek dan Wang Pos hendaklah dibuatpembayarannya kepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, dan dipalang“& Co”.

Untuk Makluman(1) Pelanggan bagi Warta Kerajaan Negeri dan terbitan-terbitan Kerajaan lain

seperti Laporan Tahunan, Laporan Jabatan dan sebagainya hendaklahdialamatkan kepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, Km. 4, JalanTuaran, Beg Berkunci 2004, 88554 Kota Kinabalu.

(2) Pelanggan-pelanggan yang hendak mendapatkan Warta Kerajaan Persekutuanhendaklah memohon terus kepada Percetakan Nasional Malaysia Berhad, JalanChan Sow Lin, 50554 Kuala Lumpur.

RM

________________________________________________________________________DICETAK OLEH PENCETAK KERAJAAN,

DATUK HAJI SALSIDU BIN HAJI IBRAHIM, P.G.D.K., K.M.N., J.P., JABATAN CETAK KERAJAAN,SABAH, MALAYSIA.

2013.P.K. 0001 (L) - 2013

2,49314 November 2013

sabah, malaysia warta kerajaan · dalam bentuk dan kandungan yang sesuai dan wajar bagi tujuan...

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