SCC Holdings Berhad Annual Report 2017

SCC Holdings Berhad (511477-A) | Annual Report 2017 55 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2017 (CONT’D) 4. Property, Plant and Equipment (Cont’d) (a) Assets pledged as securities to financial institutions The carrying amount of property, plant and equipment of the Group pledged to a licensed bank to secure the credit facilities granted to the subsidiary companies are disclosed in Note 19 to the financial statements: Group 2017 2016 RM’000 RM’000 Freehold land 1,143 1,143 Buildings 1,282 1,345 2,425 2,488 (b) Assets held under finance leases Included in the property, plant and equipment of the Group under finance lease arrangement with carrying amount are as follows: Group 2017 2016 RM’000 RM’000 Motor vehicles 18 149 The leased assets are pledged as security for the related finance lease liabilities as disclosed in Note 15 to the financial statements. 5. Investments in Subsidiary Companies Company 2017 2016 RM’000 RM’000 At cost In Malaysia Unquoted equity shares 16,300 16,300

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