Pawsitive Medical Supplies Sdn. Bhd. (PMSSB) was incorporated in the year 2017 with a factory in Ayer Hitam Industrial Park, Johor. It manufactures veterinary medical devices, which are listed by the Malaysian Investment Development Authority (MIDA) as promoted products eligible for tax incentive under the Promotion of Investment Act 1986. It also manufactures pet products and toys for the domestic market, which are not eligible for tax incentive under the same Act:

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TAX RATES AND ALLOWANCES i) Tax rates of resident company with paid up capital not more than RM2.5 million Chargeable income On first RM600,000 Excess RM600,000 ii) All chargeable income Tax rates of resident company with paid up capital more than RM2.5 million and non-resident company iii) Type of income Non-resident tax rate (other than non-resident company) Interest Royalty Contract payment Special classes of income Public entertainers Section 4(f) income iv) Capital allowances Type of assets Office equipment, furniture and fittings Plant and machinery-general Plant and machinery (heavy) and motor vehicle Industrial building Initial Allowance (%) Rate 20 20 20 10 17% 24% 24% Year 2020 Rate of Tax (%) 15 10 10+3 10 15 10 Annual Allowance (%) 10 14 20 3 TAX RATES AND ALLOWANCES i) Tax rates of resident company with paid up capital not more than RM2.5 million Chargeable income On first RM600,000 Excess RM600,000 ii) All chargeable income Tax rates of resident company with paid up capital more than RM2.5 million and non-resident company iii) Type of income Non-resident tax rate (other than non-resident company) Interest Royalty Contract payment Special classes of income Public entertainers Section 4(f) income iv) Capital allowances Type of assets Office equipment, furniture and fittings Plant and machinery-general Plant and machinery (heavy) and motor vehicle Industrial building Initial Allowance (%) Rate 20 20 20 10 17% 24% 24% Year 2020 Rate of Tax (%) 15 10 10+3 10 15 10 Annual Allowance (%) 10 14 20 3