pg. 297 Financial Statements Integrated Annual Report 2025 NOTES TO THE FINANCIAL STATEMENTS - 31 December 2025 25. Commitments The Group and the Fund lease out their investment properties under operating leases. The future minimum lease payments to be received under non-cancellable leases are as follows: Group Fund 2025 RM 2024 RM 2025 RM 2024 RM Less than one year 38,143,203 37,988,692 38,143,203 37,988,692 Between one and five years 166,828,766 184,885,050 166,828,766 184,885,050 More than five years 285,903,898 305,990,817 285,903,898 305,990,817 490,875,867 528,864,559 490,875,867 528,864,559 26. Significant events (i) Proposed disposal of property located at Jalan Kuchai Lama On 3 December 2024, Al-Salām Group entered into SPA with Winfar Builders Sdn Bhd (“WBSB”) to dispose QSR Property - Kuchai Lama for a cash consideration of RM14,700,000. The disposal of Kuchai Lama to WBSB was completed on 4 June 2025 with a gain on disposal of RM100,000. (ii) Proposed disposal of property located at Bandar Sunway On 6 March 2025, Al-Salām Group entered into SPA with Lagi Tegas Sdn Bhd (“LTSB”) to dispose QSR Property – Bandar Sunway for a cash consideration of RM10,000,000. The proposed disposal is expected to be completed by quarter 2 of FY2026. (ii) Proposed disposal of property located at Taman Perling As at 31 December 2025, the property has no potential buyer. Accordingly, the asset is reclassified back to investment property. 27. Assets classified as held for sale Details on the proposed disposal of properties of the Group are disclosed in Note 26. The assets to be disposed are as follows: Jalan Kuchai Lama Note 26(i) RM Bandar Sunway Note 26(ii) RM Taman Perling Note 26(iii) RM Total RM 2025 Group and Fund Assets classified as held for sale Investment properties - 9,500,000 - 9,500,000
RkJQdWJsaXNoZXIy NDgzMzc=