directors - The Lion Group
directors - The Lion Group
directors - The Lion Group
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20. LONG-TERM INVESTMENTS<br />
71<br />
<strong>The</strong> <strong>Group</strong> <strong>The</strong> Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Shares quoted in Malaysia:<br />
At cost<br />
Former ultimate holding company 56,190 140,899 37,302 37,302<br />
Former other related companies/parties 9,413 9,413 1,728 1,728<br />
Others 279 280 9 9<br />
65,882 150,592 39,039 39,039<br />
Allowance for diminution in value of investments (43,000) (25,000) (24,000) (20,000)<br />
22,882 125,592 15,039 19,039<br />
Shares quoted outside Malaysia:<br />
At cost 56 56 56 56<br />
Unquoted investments:<br />
At cost<br />
Ordinary shares 33,337 33,097 400 400<br />
Preference shares 30,520 40,613 30,520 40,613<br />
RCCPS* 6,700 6,700 – –<br />
RCULS** 4,778 4,778 – –<br />
75,335 85,188 30,920 41,013<br />
Redeemable within one year (Note 26) (30,520) – (30,520) –<br />
44,815 85,188 400 41,013<br />
Allowance for diminution in value of investments (227) (227) – –<br />
44,588 84,961 400 41,013<br />
Unquoted bonds (at cost, adjusted for<br />
accretion of interest) issued by:<br />
Former ultimate holding company 74,847 72,106 39,363 37,603<br />
Former other related company 109,425 107,026 – –<br />
184,272 179,132 39,363 37,603<br />
Redeemable within one year (Note 26) (9,470) (32,839) (2,383) (4,639)<br />
174,802 146,293 36,980 32,964<br />
Total 242,328 356,902 52,475 93,072<br />
Market value of quoted shares 13,163 30,485 7,219 8,050<br />
* Represents redeemable cumulative convertible preference shares issued by a former related company.<br />
** Represents redeemable convertible unsecured loan stocks issued by LDHB.
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