|
The Group |
KIBO Capital |
KIBO Fund LLC |
|
Consideration received or receivable: |
|
|
|
Cash |
1,112 |
25,101 |
|
Amount receivable |
21,558 |
5,629 |
|
Total disposal consideration |
22,670 |
30,730 |
|
Carrying amount of net assets sold (Note (a)) |
(22,906) |
3,420 |
|
(Loss)/Profit on disposal before reclassification of translation reserve |
(236) |
34,150 |
|
Reclassification of translation reserve |
5,949 |
(7,472) |
|
Profit on disposal after reclassification of translation reserve (Note 5(a)) |
5,713 |
26,678 |
The Group’s share of the fair value reserves of KCP and KIBO1 has been reclassified to retained earnings upon disposal of the investment.
The fair value of the Group’s interest in associates which are listed/quoted on the Stock Exchange of Mauritius is as follows as at 30 June 2022 and 2021 respectively:
|
The Group |
2022 |
2021 |
|
Alteo Limited |
2,122,820 |
1,722,288 |