Eden settles RM3.09m tax bill

PETALING JAYA: Eden Inc Bhd has made the full and final payment of RM3.09 million to the Inland Revenue Board (IRB) after it was slapped with a winding-up petition earlier due to the income tax debt for years of assessment 2013 and 2014.
"This amount payable has been affirmed by the letter received from IRB dated April 27, 2018 of which the petition will be withdrawn on the May 8, 2018 before the Honourable High Court Judge," it said in Bursa Malaysia filing.
The RM3.09 million payment consists of tax and penalty (RM3.08 million) and cost (RM3,949).
Eden said the tax liability has been fully provided for and reflected in the audited accounts in the respective years and therefore there is no financial effect on the tax liability of the company.
Eden is involved in food and beverage and tourism, energy as well as manufacturing businesses. Its share price closed 15.38% higher at 15 sen today with some 1.2 million shares done.