MKH Annual Report 2019

242 A N N U A L R E P O R T 2 0 1 9 Location Description and Existing Use Land Area (acres) Tenure Carrying Amount As At 30-9-2019 RM’000 *Date of Revaluation/ Date of Acquisition Maha Usaha Sdn. Bhd. PT No. 19482, Bandar Kajang, Daerah Ulu Langat, Selangor Commercial complex with built-up area of approximately 600,000 sq. ft. Existing use: 99% tenanted (Building age: 23 years) 2.226 Leasehold expiring in 2089 138,500 30.09.2019 (Investment Properties stated at fair value) Lot 10502, Seksyen 7, Bandar Kajang, Daerah Ulu Langat, Selangor 1 unit of 6-storey Shop/ Office in MKH Avenue (Building age: 2 years) 0.112 Leasehold expiring in 2107 11,000 30.09.2019 (Investment Properties stated at fair value) Metro Tiara (M) Sdn. Bhd. Unit 1-1, Tingkat 1, Dataran Pelangi Utama, Pelangi Utama, Jalan Masjid, PJU6A, Petaling Jaya, Selangor 1 unit of stratified office lot within a block of 6-storey shop offices with 58 bays of car park. (Building age: 11.5 years) 2,971 sq. ft. (net lettable area) Leasehold expiring in year 2101 2,590 30.09.2019 (Investment Properties stated at fair value) PT No. 76622, Bandar Kajang, Daerah Ulu Langat, Selangor Private school complex with built-up area of approximately 224,736 sq. ft. (Building age: 6 years) 5.000 Freehold 45,000 30.09.2019 (Investment Properties stated at fair value) Petik Mekar Sdn. Bhd. Lot 1014, Mukim Semenyih, Daerah Ulu Langat, Selangor Agricultural title Existing use: Vacant land 64.607 Freehold 56,127 10.07.2013 Lot 21740, Mukim Semenyih, Daerah Ulu Langat, Selangor Agricultural title Existing use: Vacant land 10.544 Freehold 10,658 05.07.2013 PT. Maju Kalimantan Hadapan East Kalimantan, Indonesia Oil palm plantation and office building and estate quarter (built-up area of approximately 3,973,971 sq. ft.) 39,395 Leasehold of 35 years expiring in year 2042 with an option to renew for a further period of 25 years and ^ 228,710 * 25.09.2015 ^ generally can be further renewed for another period of 35 years upon fulfilment of conditions LIST OF PROPERTIES AS AT 30 SEPTEMBER 2019