23-07-2015, 03:49 PM
Yes, understand the associate is accounted under FRS 28. However, the fair value is being valued at market share price at year end and as we know the market price are fair value hierarchy level 1 which is the value the market priced each share at considering all contributory factors (efficient market hypothesis). Just wondering if this presents an indication of impairment which the management and auditor had considered.