Notes to the Financial Statements for the Financial Year Ended 30 September 2024 MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 224 14. INVESTMENT PROPERTIES The Group 2024 2023 RM RM At beginning of year 375,369,000 367,376,000 Transfer from inventories (Note 22) 20,051,460 - Transfer from property, plant and equipment (Note 10) - 6,070,636 Fair value losses from transfer of inventories to investment properties (Note 6) (242,460) - Fair value gains from transfer of property, plant and equipment to investment properties (Note 6) - 2,803,098 Changes in fair values (Note 6) 7,729,620 (893,000) Effect of movements in exchange rate (744,495) 12,266 At end of year 402,163,125 375,369,000 Included in the above are: Freehold land and buildings - at fair value Freehold land 51,800,000 48,600,000 Buildings 98,985,000 75,732,000 150,785,000 124,332,000 Leasehold land and buildings - at fair value Leasehold land with unexpired lease period of more than 50 years 71,370,000 70,900,000 Buildings 180,008,125 180,137,000 251,378,125 251,037,000 402,163,125 375,369,000 Fair value measurement disclosures for investment properties are disclosed in Note 44. Included in the above are land and buildings amounting to RM180,300,000 (2023: RM178,230,000) pledged for credit facilities granted to subsidiaries as disclosed in Note 33.
RkJQdWJsaXNoZXIy NDgzMzc=