BBR Holdings

[donmihaihai]

Most likely reason is exchange.

BBRM is a msia company and the financial will be in myr(most likely) despite that it is consolidated in BBR and presented in sgd. The number in the announcement would likely be using current rate. Hence the differences.

Anyway you want the acquisition using current rate than historical rates for all kind of reasons

Thank you for your reply.

I thought of that too, but the difference between the NP given in the AR and the announcement, vs the difference between the Book value given in the AR and the announcement, is different too.
If it's exchange rate, the same exchange rate should be applied to the NP and the book value in the AR
and another exchange rate applied to the NP and the book value in the acquisition announcement.

But it's differences don't match up.

Not true if one rate is being used for announcement. rates are used for consolidation in AR. Read notes to accounts on translation in AR