Step 2: Add sugar, stirring until completely dissolved and continue to boil for about 45 minutes.
Step 3: Reserve ½ cup of the coconut milk/sugar mixture for later.
Step 4: Combine remaining ingredients in a large mixing bowl, stir until well blended.
Step 5: Add hot coconut milk mixture and stir well.
Step 6: Mixture should be of a thick liquid texture.
Step 7: Use 1 tablespoons of coconut milk mixture to grease baking pan.
Step 8: Pour batter into prepared baking pan and bake at 350°F (basting occasionally with reserved coconut milk mixture) for 2 to 3 hours or until knife inserted in centre comes out clean.
Step 9: Spread any remaining coconut milk mixture over top of cake.
Step 10: Place cake on top of stove to cool completely.