(Continuation news of ASIAINS): not to adopt the new standard in the current financial year leading to the understatement of Assets and Liabilities, understatement of expense, overstatement of profit and will lead the Office Rent expense into zero, further references-in note 31.A. Note 31.A.2: lFRS-16 become applicable from 1st January 2019 as adopted by ICAB. However the management of Asia insurance Ltd., (cont. 3)