Lian Beng

[YMPL]

I calculated lian beng NAV per share myself.   Its net asset is $637,742,000 and outstanding share is 499,89,200.  So if i use $633,742,000 /499,689,200 and  NAV per share around $1.27.  

But then on the page 10 of its latest report,  it states that NAV per share $1.1085. What did i do wrong? can anyone shed some light?
http://infopub.sgx.com/FileOpen/Results....eID=435563

Thank you.

There is different between net asset and equity attributable to shareholders

The equity attributable to shareholdres is 553,927,000 or $1.1085 per share based on weighted average 499,689,200 shares