Baker Technology LimitedAnnual Report 2014
119
15.
Investment securities
Group andCompany
2014
2013
$
$
Non-current:
Available-for-sale financial assets
- Corporatebonds (quoted) at fair value
7,698,494
2,117,444
- Equity securities (unquoted)
589,355
339,012
8,287,849
2,456,456
TheGroupandCompany’s investment inquotedcorporatebondsaredenominated inSGDandUSD.Theybear
interestatbetween2.500% to4.625%p.a. andwithmaturities ranging fromJanuary2016 toOctober2021.
The Group and Company’s unquoted equity securities relates to a minority stake in an investment fund
company, whichwas incorporated in Luxembourg. Fair value information has not been disclosedbecause
fair value cannot bemeasured reliably. These equity instruments are not quoted on anymarket anddoes
not have any comparable industrypeer that is listed.
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31December 2014
