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King Wan - selling of modified toilet
We refer to the half year results for the period ended 30 September 2020. We noted a significant increase in the gain on disposal of property, plant and equipment of 506% from $24,650 to $149,359 due to the sale of modified portable lavatories. Please elaborate on the reason for classifying these modified portable lavatories under property, plant and equipment as well as the reason for its disposal.
https://links.sgx.com/FileOpen/King%20Wa...eID=641785
Stay home and stay safe, everyone.
We refer to the half year results for the period ended 30 September 2020. We noted a significant increase in the gain on disposal of property, plant and equipment of 506% from $24,650 to $149,359 due to the sale of modified portable lavatories. Please elaborate on the reason for classifying these modified portable lavatories under property, plant and equipment as well as the reason for its disposal.
https://links.sgx.com/FileOpen/King%20Wa...eID=641785
Stay home and stay safe, everyone.