NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
14 PROPERTY, PLANT AND EQUIPMENT (CONT’D)
(d)
Details of properties included in property, plant and equipment as at 31 December 2014 are as follows (cont’d):
Description of Properties
Tenure
Unexpired
Lease Term
(year) Existing Use
Professional
Valuers
Valuation
Method
Malaysia (cont’d)
Mukim Belukar Semang and
Mukim Pengkalan Hulu,
Daerah Hulu Perak:
(i) Land and buildings at Lot
344 and 348
Freehold
Dam and
residential
Knight Frank
Malaysia
Sdn Bhd
Depreciated
replacement cost
method
(ii) Land at Lot 1886
Freehold
Agricultural
Knight Frank
Malaysia
Sdn Bhd
Depreciated
replacement cost
method
(iii) Land and buildings at PT
4338, 3934, 725, 726, 727,
4440, 4441, 4442, Lot
2071, 4523 (formerly as lot
4160)
Leasehold up to 98
Dam,
residential
and power
station
Knight Frank
Malaysia
Sdn Bhd
Depreciated
replacement cost
method
(iv) 3 units of terrace houses
at PT 1705, 1706 and 1707
Leasehold
94 Residential
Knight Frank
Malaysia
Sdn Bhd
Comparison
method
(v) 2 units of single-storey
semi-detached house at
PT 5022 and 5026
Freehold
Residential
Knight Frank
Malaysia
Sdn Bhd
Comparison
method
96
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
