ANNUAL REPORT 2021 199 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 10. RIGHT-OF-USE ASSETS (CONT’D) (a) The Group leases various office properties, equipment and motor vehicles of which the leasing activities are summarised below:- (i) Motor vehicles The Group has leased its motor vehicles under hire purchase arrangements. The leases are secured by the leased assets. The Group has an option to purchase the asset at the expiry of the lease period at an insignificant amount. (ii) Office and communication equipment The Group has leased its office and communication equipment under hire purchase arrangements. The leases are secured by the leased assets. The Group has an option to purchase the asset at the expiry of the lease period at an insignificant amount. (iii) Office buildings The Group has leased a number of office buildings between 1 year and 3 years. (iv) Premises The Group has leased a number of sites, warehouses and retail shops between 1 year and 3 years. The Group is not allowed to sublease the warehouses and retail shops. (b) The Group also has leases with lease terms of 12 months or less and leases of premises with low value. The Group has applied the ‘short-term lease’ and ‘lease of low-value assets’ recognition exemptions for these leases. (c) The Group has several lease contracts for premises that include extension and termination options. These options are negotiated by management to provide flexibility in managing the portfolio of leased asset and align with the Group’s business needs. Management exercises judgement in determining whether these extension and termination options are reasonably certain to be exercised. 11. OTHER INVESTMENTS INVESTMENTS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME The Group 2021 2020 RM’000 RM’000 Unquoted shares, at fair value 246,493 138,000 The Group has designated the below equity investments at fair value through other comprehensive income because the Group intends to hold these investments for long-term strategic purposes.
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