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Meeting with Preparers on IC Interpretation 4

14 June 2010

Meeting with Preparers on IC Interpretation 4

The Secretariat held a meeting with the relevant entities to discuss the implication of IC Interpretation 4 Determining whether an arrangement contains a lease.

As the effective date of that IC Interpretation was nearing, the meeting was held to assess the readiness of entities affected by the Interpretation and whether any impact study was carried out by these entities.

Among the entities participated in the meeting were representatives from Genting Berhad, Tenaga Nasional Berhad, and YTL Corporation Berhad.