NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 40. OPERATING LEASE ARRANGEMENTS The Group as lessor The Group has entered into non-cancellable operating lease agreements on its investment property portfolio. These leases have remaining non-cancellable lease terms of between 1 to 7 years. Future minimum rentals receivable under non-cancellable operating leases at the reporting date are as follows: Group 2024 2023 RM’000 RM’000 Not later than 1 year 19,086 49,340 Later than 1 year and not later than 5 years 17,868 54,739 Later than 5 years – 160 36,954 104,239 41. COMMITMENTS Group 2024 2023 RM’000 RM’000 Capital expenditure: Approved and contracted for: - Construction costs 8,620 – - Investment properties 5,514 7,484 14,134 7,484 Approved and not contracted for: - Property, plant and equipment 1,000 6,450 - Construction costs 1,000 – - Investment properties 5,977 4,414 7,977 10,864 Total capital commitments 22,111 18,348 ANNUAL REPORT 2024 344
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