Starbox(STBX) - 2024 Q2 - Quarterly Report
The weighted average remaining lease terms and discount rates for all of office leases were as follows as of March 31, 2024 and September 30, 2023: * The Company's lease agreements do not provide a readily determinable implicit rate nor is it available to the Company from its lessors. Instead, the Company estimates its incremental borrowing rate based on the benchmark lending rate for three-year loans as published by Malaysia's central bank in order to discount lease payments to present value. | --- | --- | ...