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Meeting with PLCs on MASB ED 72 FRS for SMEs

14 July 2010

Meeting with PLCs on MASB ED 72 FRS for SMEs

The Secretariat held a meeting with the PLCs on MASB ED 72 FRS for SMEs. The objective of the meeting was to have a dialogue and gather views from the PLCs on which option is preferred:

•        Choice between ED 72 FRS for SMEs

•        FRS only

•        Choice between FRS and FRS with reduced disclosures

The participants were briefed on MASB ED 72 FRS for SMEs and the main salient points on the differences between FRS and ED 72 FRS for SMEs.

Amongst the participants who took part in the meeting were representatives from Maybank, Public Bank, Axiata, Genting, Petronas Gas, PLUS and YTL Corporation.