APM AUTOMOTIVE HOLDINGS BERHAD
74
NOTES TO THE
FINANCIAL STATEMENTS
7.
Investment in an associate
Group
2014
2013
RM’000
RM’000
Unquoted shares, at cost
5,048
5,048
Share of post-acquisition reserves
3,816
3,407
8,864
8,455
Detail of the material associate is as follow:
Name of entity
Country of
incorporation Nature of the relationship
Effective
ownership interest
and voting interest
2014
2013
P.T. Armada Johnsons
Controls
Indonesia
Manufacturing and supplying
automotive products to the Group
12.5% 12.5%
8.
Investments in joint ventures
Group
2014
2013
RM’000
RM’000
Unquoted shares, at cost
26,969
25,162
Share of post-acquisition reserves
7,555
7,489
34,524
32,651
