IHH Annual Report 2018

SIGNIFICANT EVENTS The significant events during the financial year are as disclosed in Notes 42, 43 and 45 to the financial statements. SUBSEQUENT EVENT The event subsequent to the end of the reporting period is as disclosed in Note 51 to the financial statements. CONSOLIDATION OF SUBSIDIARIES WITH DIFFERENT FINANCIAL YEAR END Pursuant to Section 247(7) of the Companies Act 2016, the Company has applied and has been granted approval by the Companies Commission of Malaysia for the following subsidiaries of the Company to continue to have or to adopt a financial year which does not coincide with the Company in relation to the financial year ended 31 December 2018: • Parkway Healthcare India Private Limited • Andaman Alliance Healthcare Limited • Ravindranath GE Medical Associates Private Limited (“RGE”) and its subsidiaries • Continental Hospitals Private Limited (“Continental”) and its subsidiaries • Fortis Healthcare Limited (“Fortis”) and its subsidiaries The details of the subsidiaries of RGE, Continental and Fortis are disclosed in Note 46 to financial statements. AUDITORS The auditors, KPMG PLT, have indicated their willingness to accept re-appointment. The auditors’ remuneration is disclosed in Note 30 to the financial statements. Signed on behalf of the Board of Directors in accordance with a resolution of the Directors: Dato’ Mohammed Azlan Bin Hashim Director Dr. Tan See Leng Director 1 April 2019 IHH Healthcare Berhad | Annual Report 2018 148 Financial Statements Directors’ Report for the year ended 31 December 2018