LEEKEE INDUSTRIES (M) SDN - teo seng capital berhad

TEO SENG CAPITAL BERHAD(Incorporated In Malaysia)Company No : 732762 - TNOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL PERIOD FROM 1 APRIL 2012 TO 31 DECEMBER 20124. ACCOUNTING POLICIES AND STANDARDS (CONT’D)4.4 The Group has not applied in advance the following accounting standards andinterpretations (including the consequential amendments) that have been issued by theMalaysian Accounting Standards Board (“MASB”) but are not yet effective for the currentfinancial period :FRSs and IC Interpretations(including the Consequential Amendments)Effective dateFRS 9 : Financial Instruments 1 January 2015FRS 10 : Consolidated Financial Statements 1 January 2013FRS 11 : Joint Arrangements 1 January 2013FRS 12 : Disclosure of Interests in Other Entities 1 January 2013FRS 13 : Fair Value Measurement 1 January 2013FRS 119 (Revised) : Employee Benefits 1 January 2013FRS 127 (2011) : Separate Financial Statements 1 January 2013FRS 128 (2011) : Investments in Associates and Joint 1 January 2013VenturesAmendments to FRS 1 : Government Loans 1 January 2013(Revised)Amendments to FRS 7 : Disclosures – Offsetting Financial Assets 1 January 2013and Financial LiabilitiesAmendments to FRS 9 : Mandatory Effective Date of FRS 9 and 1 January 2015Transition DisclosuresAmendments to FRS 10, : Transition Guidance 1 January 2013FRS 11 and FRS 12Amendments to FRS 10, : Investment Entities 1 January 2014FRS 12 and FRS 127Amendments to FRS 132 : Offsetting Financial Assets and Financial 1 January 2014LiabilitiesAnnual Improvements to FRSs (2012) 1 January 2013IC Interpretation 20 : Stripping Costs in the Production Phase 1 January 2013of a Surface MinePage 44