Notes To Unaudited Financial Statements For The
Period Ended 30th September 2001
(pursuant to Listing Requirements – Appendix 9B Part A Quarterly Report)

(1) 	Under Accounting Policies
The accounts of the Group are prepared using the same accounting policies, method of computation and basis of consolidation applied in the preparation of this quarterly financial statements are consistent with those used in the preparation of the most recent annual financial statements and the accounting policies comply with approved accounting standards of the Malaysian Accounting Standards Board (MASB).

(2) 	Under Exceptional Items
There were no exceptional items for the Group during the quarterly financial period under review.

(3) 	Under Extraordinary Items
There were no extraordinary items for the Group during the quarterly financial period under review.

(4) 	Under Taxation 
Taxation charged for the financial quarter under review comprise of :-

	Current Quarter	Year to date
		RM’000		RM’000

Current taxation		13		43
	========	========

(5) 	Under Profit/(Losses) On Sale of Unquoted Investments and/or Properties
There were no transaction during the quarterly financial period under review.

(6) 	Under Quoted Securities
There were no transaction during the quarterly financial period under review.

(7) 	Under Changes in Composition of the Group
There were no changes during the quarterly financial period under review.

(8) 	Under Status of Corporate Proposals
There were no Corporate proposals whatsoever during the period under review.

(9) 	Under Issuances and Repayments of Debt and Equity Securities
There were no issuances and repayments of debt and equity securities, share buy back, share cancellations, shares held as treasury shares and resale of treasury shares for the quarterly financial period under review.

(10) 	Under Group Borrowings and Debts Securities

Total Group borrowings as at 30th September 2001 are as follows :-

									RM’000
(a)	Long Term Borrowings
- Secured	-
- Unsecured	1,894

(b)	Short Term Borrowings
- Secured	-
- Unsecured	15,322

(c)	The Group has no borrowings or debt securities denominated in foreign currencies as at 30th September, 2001

(11)	Under Contingent Liabilities
There is no change in contingent liabilities since the last annual balance sheet date.

(12)	Under Off  Balance Sheet Financial Instruments
This item is not applicable to us.

(13)	Under Material Litigation
This item is not applicable to us.

(14)	Under Segmental Reporting
No segment analysis is prepared as the Group is involved in a single industry segment relating to the manufacturing of plastic products in Malaysia.

(15)	Under Material Changes In The Quarterly Results Compared to the Results of the Preceding Quarter 
For the current quarter, the Group registered a pre-tax profit of RM0.71 million as compared to RM0.46 million pre-tax loss in the preceding quarter. The profit was mainly due to lower operational cost during the period.

(16)	Under Review of Performance of the Company and its Principal Subsidiaries
For the 9 months ended 30th September 2001, the Group recorded turnover of RM32.02 million and pre-tax loss of RM0.54 million.  In the corresponding period last year, the Group’s turnover amounted to RM31.8 million and pre-tax loss of RM0.91 million. The material factor affecting the earnings were lower material costs. 

(17)	Under Material Subsequent Events
Other than disclosed herein there were no material events subsequent to the end of the current financial period ended 30th September 2001 that have not been reflected in the financial statements for the said period as at date of this report.

(18)	Under Seasonal or Cyclical Factors
This note is not applicable to us.
	
(19)	Under Prospects for the Current Financial Year
The Board is confident of continuous profitability in the last quarter due to projected low pricing of raw material.

(20)	Under Variance of Actual Profit from Forecast Profit
This note is not applicable to us.

(21) 	Under Dividend
No decision has been made yet. 

By Order of The Board,

Sui Diong Hoe (MIA 3663)
Secretary

Date: November 27, 2001
KUALA LUMPUR