NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 10. Investment properties (cont’d) A summary of the investment properties of the Group and of the Fund, as required to be disclosed by the SC Guidelines, is as follows: Description of property Tenure of land Term of lease Years Remaining term of lease Years Location Date of valuation 2022 Fair value RM 2021 Fair value RM Fair value hierarchy KPJ Haemodialysis Kluang Leasehold 99 78 Kluang 31 December 2022 4,700,000 4,700,000 3 KPJ Klang Specialist Hospital ### Leasehold 99 70 Klang 31 December 2022 104,000,000 104,000,000 3 KPJ Batu Pahat Specialist Hospital # Freehold - - Batu Pahat 31 December 2022 70,815,084 74,312,398 3 KPJ Pasir Gudang Specialist Hospital #### Leasehold 99 86 Pasir Gudang 31 December 2022 90,000,000 - 3 Total for the Fund 1,636,015,084 1,451,912,398 Jeta Gardens Aged Care & Retirement Village Freehold - - Queensland 31 December 2022 85,266,300 86,298,000 3 Total for the Group 1,721,281,384 1,538,210,398 # The investment properties amounting to RM112,815,084 (2021: RM116,312,398) are used to secure against Commodity Murabahah Term Financing-i (“CMTF-i”) issued by the Fund as disclosed in Note 17. The amount of RM112,815,084 represents the fair value of KPJ Batu Pahat Specialist Hospital and KPJ Healthcare University College, Nilai New Building (residential) amounting to RM70,815,084 (2021: RM74,312,398) and RM42,000,000 (2021: RM42,000,000) respectively. ## The investment properties amounting to RM74,100,000 (2021: RM74,600,000) are used to secure against Commodity Murabahah Term Financing-II (“CMTF-ii”) issued by the Fund as disclosed in Note 17. The amount of RM74,100,000 represents the fair value of KPJ International College, Penang and KPJ Healthcare University College, Nilai New Building (commercial) amounting to RM14,100,000 (2021: RM14,600,000) and RM60,000,000 (2021: RM60,000,000) respectively. ### The investment properties amounting to RM1,103,400,000 (2021: RM1,103,500,000) are used to secure against Commodity Murabahah Term FinancingIII (“CMTF-iii”) issued by the Fund as disclosed in Note 17. #### The investment properties amounting to RM272,500,000 (2021: RMNil) are used to secure against Revolving Credit-i (“RC - I”) and Term Financing-i (“TF - I”) issued by the Fund as disclosed in Note 17. * Based on valuation carried out by independent professional valuer, Messrs. CBRE. 173 1. Corporate Overview 3. Strategic Performance 5. Governance Structure 2. The Driving Forces 4. Sustainability Statement 6. Financial Reports
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