Perak Corp clarifies statements, Q2 2020 report prepared in line with accounting standards | Malay Mail

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KUALA LUMPUR, Jan 14 — Perak Corporation Bhd (Perak Corp) clarified that the online news article published in two dailies on Jan 10, 2022 were misleading with regard to the financial statements of the Perak Corp Group. In a filing with Bursa Malaysia today, the company said the difference in...

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Friday, 14 Jan 2022 08:55 PM MYT

“The total assets of RM771 million stated in the Q2 June 2020 quarterly report includes assets of all subsidiaries companies under Perak Corp Group including PCB Development Sdn Bhd. “We wish to emphasise that the statement “Perak Corporation Bhd Development having two different sets of accounts” is inaccurate as there is no such company as “Perak Corporation Bhd Development” as alleged. The subsidiary of Perak Corp is PCB Development instead,” it said.

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