21 INVESTMENT PROPERTIES Group Freehold RM’000 Leasehold RM’000 Buildings RM’000 Total RM’000 2024 Cost At 1 January/31 December 2024 32,006 7,080 141,656 180,742 Accumulated depreciation At 1 January 2024 – 2,190 112,478 114,668 Charge for the financial year – 19 7,056 7,075 At 31 December 2024 – 2,209 119,534 121,743 Net book value at 31 December 2024 32,006 4,871 22,122 58,999 2023 Cost At 1 January 2023 32,006 21,591 127,145 180,742 Reclassification – (14,511) 14,511 – At 31 December 2023 32,006 7,080 141,656 180,742 Accumulated depreciation At 1 January 2023 – 3,561 103,402 106,963 Charge for the financial year – 310 7,395 7,705 Reclassification – (1,681) 1,681 – At 31 December 2023 – 2,190 112,478 114,668 Net book value at 31 December 2023 32,006 4,890 29,178 66,074 Buildings 2024 2023 Company RM’000 RM’000 Cost At 1 January/31 December 17,627 17,627 Accumulated depreciation/impairment At 1 January 8,090 7,208 Charge for the financial year 882 882 At 31 December 8,972 8,090 Net book value at 31 December 8,655 9,537 FGV Holdings Berhad | Audited Financial Statements 2024 Notes to the Financial Statements For the financial year ended 31 December 2024 102
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