Reliance Pacific Berhad ("RPB") - Deviation between Audited and Unaudited Financial Statements for the Financial year ended 31 March 2010
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Further to the announcement made on 30 July 2010, the Board of Directors wishes to clarify that the Audited loss after tax and minority interest for the financial year ended 31 March 2010 of RPB was RM408,000.00, a positive variance of 17% i.e. RM85,000.00 as compared to the Unaudited loss after tax and minority interest of RM493,000.00 as announced to Bursa Securities on 27 May 2010. The main reason for the deviation was mainly due to the net over provision of expenses especially taxation during the financial year under review.