5. PROPERTY, PLANT AND EQUIPMENT (continued) (d) Certain land and buildings of the Group with carrying amounts of RM35,981,000 (2024: RM37,059,000) were charged to banks as security for banking facilities granted to the Group (Note 18). (e) The Group’s leasehold land, buildings and condominiums are stated at Directors’ valuation which is supported by the professional valuation carried out in January 2023 by an external independent valuation company, KGV International Property Consultants (M) Sdn. Bhd.. The following table shows the valuation techniques used in the determination of fair values within Level 3, as well as the significant unobservable inputs used in the valuation models. Property category Valuation techniques used Significant unobservable inputs Inter-relationship between key observable inputs and fair value Leasehold land Comparison approach Price per square foot RM235 The estimated fair value would increase if the price per square foot is higher. Buildings Comparison approach Price per square foot RM151 - 551 The estimated fair value would increase if the price per square foot is higher. Condominiums Comparison approach Price per square foot RM103 - 248 The estimated fair value would increase if the price per square foot is higher. Had the leasehold land, buildings and condominiums been carried at historical cost less accumulated depreciation, the carrying amounts of the revalued assets that would have been included in the financial statements at the end of the financial year are as follows: Group 2025 2024 RM’000 RM’000 Leasehold land 1,732 1,780 Buildings 6,690 6,910 Condominiums 153 162 8,575 8,852 The fair value of leasehold land, buildings and condominiums are categorised as Level 3 in the fair value hierarchy. There were no transfers between levels in the hierarchy during the financial year. SASBADI HOLDINGS BERHAD Financial Statements (conঞ nued) 102
RkJQdWJsaXNoZXIy NDgzMzc=