Page 151 - HRC_Annual_Report_2023

Financial Reports &
Governance HENGYUAN REFINING COMPANY BERHAD l ANNUAL REPORT 2023 149
Other Information

COMPANY PROPERTIES
AS AT 31 DECEMBER 2023

Land
Land area Age of Land Improvement Building Net book
(square properties/ Date of last NBV NBV NBV value
No Tenure Address feet) Description buildings Valuation RM’000 RM’000 RM’000 RM’000
29 Freehold Lot 3974 - 3977 5,042 Refinery 27 years 30.04.2001 315 - - 315
GM 2632 - 2635 Buffer Zone
Port Dickson
30 Freehold Lot 4961- 4968 34,789 Refinery 27 years 30.04.2001 1,158 - - 1,158
GM 475 - 482 Buffer Zone
Port Dickson
31 Freehold Lot 5402 - 5407 21,883 Refinery 27 years 30.04.2001 821 - - 821
GM 345 - 350 Buffer Zone
Port Dickson
32 Freehold Lot 10533 GM 1653 2,002 Refinery 30 years 31.08.2000 18 - - 18
Kg Gelam Buffer Zone
Port Dickson
33 Freehold Lot 9196 - 9214 40,322 Refinery 30 years 31.08.2000 363 - - 363
GM 1770 - 1788 & Buffer Zone
Lot 12105 GM 2959
Kg Gelam
Port Dickson
34 Freehold Lot 12104 GM 2859 570 Refinery 30 years 31.08.2000 56 - - 56
Kg Gelam Buffer Zone
Port Dickson
35 Freehold Lot 1312 - 1314 49,729 Reserved Land 59 years 01.01.1991 307 - - 307
GM 1600 - 1602
Lot 1317 - 1318
GM 1605 - 1606
Port Dickson

36 Freehold Lot 764 GRN 65945 9,009 Reserved Land 60 years 01.01.1991 56 - - 56
Port Dickson
37 Freehold Lot 12086 GM 3200 62,614 Reserved Land 16 years 28.03.2008 548 - - 548
Port Dickson
38 Freehold Lot 9060 GM 2720 9,149 Reserved Land 60 years 01.01.1991 183 - - 183
Port Dickson
39 Leasehold PT 9451 HSD 29075 2,822,620 Jetty Land 31 years 10.04.2004 1,532 - 201 1,733
Mukim Port Dickson
15,067,542 48,067 535 27,893 76,496

Note:
The above values reflect the original transacted amount of each property denominated in RM. These amounts have been revised to
account for the change to USD functional currency effective 1 January 2017