On 1 July 2018, the company started a dairy cattle breeding business to grab the opportunity of increasing demand for fresh milk. For a start, the company has purchased several dairy cattle to meet the demand by its own processing plants. In the future, the company plans to expand the business of fresh milk to the external markets. On 1 July 2018, company purchased the following: 1-year old -20 dairy cattle 2-year old -30 dairy cattle 3-year old - 10 dairy cattle On 1 January 2019, the company purchased another 5 three-year old dairy cattle and 10 newborn dairy cattle from a local supplier for RM3,200 per dairy cattle and RM550 per newborn dairy cattle, respectively. The supplier allowed the purchases on credit because of the good relationship with the company for so long. The fair value less costs to sell of the cattle are as follows: Age As at 1 July 2018 RM 500 650 1,000 New born year old 1 year old 2 year old 3 year old 3% year old 4 year old As of 30 June 2019, no records were made with respect to the dairy cattle business. As at 30 June 2019 RM 2,000 3,000 3,700 4,000 600 800 1,200 2,400 3,600 3,800 4,900