ANNUAL REPORT 2025 FINANCIAL STATEMENTS Notes to the Financial Statements (Cont’d) For the Financial Year Ended 31 March 2025 152 7. RIGHT-OF-USE ASSETS (CONT’D) Office Leasehold Premises Land Total Company RM’000 RM’000 RM’000 Cost At 1 April 2024/31 March 2025 1,430 10,740 12,170 Accumulated Depreciation At 1 April 2024 894 2,184 3,078 Charge for the year 536 199 735 At 31 March 2025 1,430 2,383 3,813 Net Book Value - 8,357 8,357 Cost At 1 April 2023/31 March 2024 1,430 10,740 12,170 Accumulated Depreciation At 1 April 2023 172 1,986 2,158 Charge for the year 722 198 920 At 31 March 2024 894 2,184 3,078 Net Book Value 536 8,556 9,092 (a) Office Premises The Group and the Company entered into operating lease agreements for the use of the office premises. The lease agreement is for a period of 2 to 4 years (2024 - 2 to 4 years) with no purchase option. (b) Leasehold Land The Group entered into 2 non-cancellable operating lease agreements for the use of the land. The leases are for a period of 54 years with no renewal or purchase option in the agreements. The leases do not allow the Group and the Company to assign, transfer or sublease the whole or any part of the land. The leasehold land of the Group and of the Company amounting to approximately RM8,357,000 (2024 - RM8,556,000) is charged to licensed banks for facilities granted to the Group and to the Company respectively as at the end of the financial year. 8. INVESTMENTS IN SUBSIDIARIES Company 2025 2024 RM’000 RM’000 Unquoted shares, at cost: - in Malaysia 162,749 123,226 - outside Malaysia 828 1,029 ESOS granted to employees of subsidiaries 4,300 - 167,877 124,255
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