MKH BERHAD | ANNUAL REPORT 2023 267 46. FAIR VALUE HIERARCHY The following table provides the fair value measurement hierarchy of the Group’s assets and liabilities at the reporting date: Fair value measurement using The Group Level 1 Level 2 Level 3 Total RM RM RM RM 2023 Short-term placements (Note 26) 63,670,729 - - 63,670,729 Investment properties (Note 14) Commercial properties - - 272,138,000 272,138,000 Office and shoplot - - 49,345,000 49,345,000 Factory lot - - 8,886,000 8,886,000 Education centre - - 45,000,000 45,000,000 - - 375,369,000 375,369,000 Other investment (Note 17) 756,237 - - 756,237 Biological assets (Note 25) - 6,231,392 - 6,231,392 Liability for which fair value is disclosed (Note 45) Hire-purchase payables - 2,899,373 - 2,899,373 Asset for which fair value is disclosed (Note 45) Long-term other receivables - 46,312 - 46,312 Loan receivables - 37,282,120 - 37,282,120 - 37,328,432 - 37,328,432 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
RkJQdWJsaXNoZXIy NDgzMzc=