Independent Auditors’ Report
to the Members of Yikon Corporation Bhd (Incorporated in Malaysia) (cont’d)
Report on Other Legal and Regulatory Requirements
In accordance with the requirements of the Companies Act, 1965 in Malaysia, we also report the following:-
In our opinion, the accounting and other records and the registers required by the Act to be kept by the Company and its subsidiaries of which we have acted as auditors have been properly kept in accordance with the provision of the Act.
We have considered the financial statements and the auditors’ reports of all subsidiaries of which we have not acted as auditors, which are indicated in Note 7 to the financial statements.
We are satisfied that the financial statements of the subsidiaries that have been consolidated with the Company’s financial statements are in form and content appropriate and proper for the purposes of the preparation of the financial statements of the Group and we have received satisfactory information and explanations required by us for those purposes.
The auditors’ reports on the financial statements of the subsidiaries did not contain any qualification or any adverse comment made under Section 174(3) of the Act. Other than the modified audit opinion of the subsidiaries as disclosed on Note 7 with emphasis of matter on the going concern consideration.
This report is made solely to the members of the Company, as a body, in accordance with Section 174 of the Companies Act, 1965 in Malaysia and for no other purpose. We do not assume responsibility to any other person for the content of this report.
Baker Tilly Monteiro Heng No. AF 0117 Chartered Accountants
Heng Ji Keng No. 578/05/10 (J/PH) Partner
Date: 20 April 2010
Annual Report 2009