NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
92
THE STRAITS TRADING COMPANY LIMITED
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 (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
Comparison
method and
depreciated
replacement
cost method
(ii) Land at Lot 1886
Freehold
Agricultural
Knight Frank
Malaysia
Sdn Bhd
Comparison
method and
depreciated
replacement
cost method
(iii) Land and buildings
at PT 4338, 3934, 725,
726, 727, 55502, 55503,
55504 (formerly as PT
4440, 4441, 4442) Lot
2071, 4522 and 4523
Leasehold
up to 97
Dam,
residential
and power
station
Knight Frank
Malaysia
Sdn Bhd
Comparison
method and
depreciated
replacement
cost method
(iv) 3 units of terrace houses
at PT 1705, 1706
and 1707
Leasehold
93
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
