FORGING AHEAD - Tradewinds Plantation Berhad

17. NON-CURRENT ASSETS HELD FOR SALE
Property, plant and equipment
Group
2010 2009
RM’000 RM’000
Transfer from property, plant and equipment (Note 7)
- Cost - 5,500
- Accumulated depreciation - (4,716)
Carrying amount as at 31 December - 784
On 7 December 2009, the Group had agreed to dispose certain plant and machinery with a carrying amount of RM784,000
to a third party for a cash consideration of RM1,500,000. On 4 January 2010, the Group entered into a Sale and Purchase
agreement with the third party for the disposal. The disposal was completed during the financial year and the gain arising
from the disposal amounted to RM716,000.
18. SHARE CAPITAL
FINANCIAL STATEMENTS
Group and Company
2010 2009
Number Number
of shares of shares
’000 RM’000 ’000 RM’000
Ordinary shares of RM1.00 each:
Authorised 1,000,000 1,000,000 1,000,000 1,000,000
Issued and fully paid 529,153 529,153 529,153 529,153
The holders of ordinary shares are entitled to receive dividend as and when declared by the Company and are entitled to
one (1) vote per ordinary share at general meetings of the Company. All ordinary shares rank pari passu with regard to
the Company’s residual assets.
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
173