NOTES TO THE FINANCIAL STATEMENTS For the Financial Year Ended 31 December 2023 (cont’d) 4. INVESTMENT PROPERTIES Leasehold buildings RM’000 Group Cost At 1 January 2022/31 December 2022/31 December 2023 32,654 Accumulated depreciation At 1 January 2022 2,994 Charge for the financial year 653 At 31 December 2022 3,647 Charge for the financial year 653 At 31 December 2023 4,300 Carrying amount At 31 December 2023 28,354 At 31 December 2022 29,007 Company Cost At 1 January 2022 115,989 Transfer to property, plant and equipment (5,013) Transfer from property, plant and equipment 21,857 At 31 December 2022 132,833 Transfer to property, plant and equipment (6,443) Transfer from property, plant and equipment 42,642 At 31 December 2023 169,032 Accumulated depreciation At 1 January 2022 10,525 Charge for the financial year 2,320 Transfer to property, plant and equipment (560) Transfer from property, plant and equipment 2,101 At 31 December 2022 14,386 Charge for the financial year 3,452 Transfer to property, plant and equipment (719) Transfer from property, plant and equipment 3,221 At 31 December 2023 20,340 Carrying amount At 31 December 2023 148,692 At 31 December 2022 118,447 ANNUAL REPORT 2023 193 FINANCIAL STATEMENTS
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