The Company has ceased this operation since 31 March 2014, therefore we use equity base in determining planning materiality from the financial statement of the Company for year-ended period 31 March 2015.
The entity is not listed and is unregulated.
The entity is closely held with few shareholders.
The entity has no publicly traded debt.
The entity is not likely to go public or become listed in the next two to three years.
The entity operates in a business environment that is not changing rapidly (e.g., the entity is not downsizing or growing rapidly or the industry is not changing rapidly)
The entity has a viable business with good long-range prospects and has a strong balance sheet.