NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
91
ANNUAL REPORT 2015
15.
PROPERTY, PLANT AND EQUIPMENT (CONT’D)
(c)
Details of properties included in property, plant and equipment as at 31 December 2015 are as follows:
Description of properties
Tenure
Unexpired
lease term
(year)
Existing use
Professional
valuers
Valuation
method
Malaysia
Wavertree Bungalow at Jalan
Lady Maxwell, 49000 Bukit
Fraser, Pahang
Leasehold
8
Holiday
bungalow
C H Williams
Talhar & Wong
Sdn Bhd
Comparison
method
Lot 448, Mukim of Sabai,
District of Bentong,
Pahang Darul Makmur
Freehold
Agricultural
Jones Lang
Wootton
Comparison
method
No. 27 Jalan Pantai,
12000 Butterworth:
(i) Offices and factory
buildings at Lot 142 -
187 and 362
Freehold
Office and
factory
Knight Frank
Malaysia
Sdn Bhd
Comparison
method and
depreciated
replacement
cost method
(ii) Carpark shed at Lot 268 Leasehold
13 Carpark shed Knight Frank
Malaysia
Sdn Bhd
Comparison
method and
depreciated
replacement
cost method
(iii) Seabed leases with main
wharf at PT 686
Leasehold
54 Main wharf
Knight Frank
Malaysia
Sdn Bhd
Comparison
method and
depreciated
replacement
cost method
Offices at unit No. B-15-6,
B-15-7, B-15-11,
Megan Avenue II,
12 Jalan Yap Kwan Seng,
50450 Kuala Lumpur
Freehold
Office Knight Frank
Malaysia
Sdn Bhd
Comparison
method
80 units of flats at
Taman Desa Palma, Alma,
14000 Bukit Mertajam
Freehold
Residential
Knight Frank
Malaysia
Sdn Bhd
Comparison
method
