CAHYA MATA SARAWAK ANNUAL REPORT 2016

163 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 07 Financial StatementS NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2016 27. INVESTMENT SECURITIES Group 2016 2015 Carrying amount Market value of investments Carrying amount Market value of investments RM’000 RM’000 RM’000 RM’000 Current Fair value through profit or loss Income debt securities fund (unquoted in Malaysia) 5,062 5,062 64,053 64,053 Equity instruments (quoted in Malaysia) 4,600 4,600 34,063 34,063 Total current investment securities 9,662 9,662 98,116 98,116 Non-current Available-for-sale financial assets Equity instruments (unquoted in Malaysia), at cost 300 - 300 - Total non-current investment securities 300 - 300 - Company 2016 2015 Carrying amount Market value of investments Carrying amount Market value of investments RM’000 RM’000 RM’000 RM’000 Current Fair value through profit or loss Income debt securities fund (unquoted in Malaysia) 5,062 5,062 64,053 64,053 Equity instruments (quoted in Malaysia) 4,600 4,600 34,063 34,063 Total current investment securities 9,662 9,662 98,116 98,116 28. DERIVATIVE FINANCIAL ASSET On 23 October 2015, the Group and the Company acquired 18,444,697 warrants of Sacofa Sdn. Bhd. for a purchase consideration of RM35,413,818 representing a warrant price of RM1.92 per warrant. The warrants will expire on 25 January 2019 and each warrant entitles its holder to subscribe for one new Sacofa Sdn. Bhd. ordinary share of RM1 each at the exercise price of RM1.50 at any time during the exercise period.