Dagang NeXchange Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) DAGANG NeXCHANGE BERHAD 146 9. OTHER INVESTMENTS Group 2019 2018 RM’000 RM’000 Unquoted shares, at fair value 3,538 4,633 Equity investments designated at fair value through other comprehensive income (a) The Group designated its investments in unquoted shares to be measured at fair value through other comprehensive income. (b) The fair value of each investment is summarised below: Group 2019 2018 RM’000 RM’000 Unquoted shares of entity A 3,538 3,577 Unquoted shares of entity B - 1,056 3,538 4,633 (c) During the year, the Group disposed the following investment which is carried at fair value through other comprehensive income because it is no longer in line with the Group’s strategy. Fair value at Cumulative derecognition gain on disposal Group RM’000 RM’000 Unquoted shares of entity B 1,056 144 10. DEFERRED TAX ASSETS/(LIABILITIES) Recognised deferred tax assets/(liabilities) Deferred tax assets/(liabilities) of the Group and the Company are attributable to the following: Assets Liabilities Net 2019 2018 2019 2018 2019 2018 Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Property, plant and equipment, intangible assets - - (5,592) (7,524) (5,592) (7,524) Right-of-use assets - - (2,114) - (2,114) - Lease liabilities 2,114 - - - 2,114 - Provisions 226 226 - - 226 226 Net deferred tax assets/(liabilities) 2,340 226 (7,706) (7,524) (5,366) (7,298)