Sustainability and Governance Report
Notes to the FINANCIAL STATEMENTS
[Notes
18. Property, plant and equipment (cont'd)
Company
Cost
At 1 April 2018, 31 March 2019, 1 April 2019 and 31 March 2020
Accumulated depreciation and impairment loss
At 1 April 2018
Depreciation charge for the year
At 31 March 2019 and 1 April 2019
Depreciation charge for the year
At 31 March 2020
Net carrying amount
At 31 March 2020
At 31 March 2019
Assets pledged as security
Motor
vehicles
$'000
22
65
11
75
16
6
11
As at 31 March 2020, the leasehold land and building of the Group with carrying amount of Nil (2019: $1,278,000) were pledged to a bank to secure the Group's bank loans
(Note 23). These assets had been presented as 'Assets classified as held for sale' (Note 17) as at 31 March 2019, and the sale was completed during the financial year
ended 31 March 2020. The leasehold land and building of the Group consisted of the following:
Property/(Location)
No. 89 Jalan 10/91,
Taman Shamelin Perkasa,
56100 Kuala Lumpur (Malaysia)
81
Purposes
Office and
warehouse
Approximate
land area
(in sq metre)
Approximate
gross floor area
(in sq metre)
Tenure
of lease
1,456
2,081
80 years
expiring on
11 September
2082View entire presentation