5 FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED)
(b) Fair value measurement (continued)
Level 2
RM’000
Level 3
RM’000
Total
RM’000
Assets measured at fair value
Group
2014
Property, plant and equipment (Note 16):
– Long leasehold land
43,093
–
43,093
– Buildings
12,685
20,647
33,332
Investment properties (Note 17)
62,342
205,408
267,750
118,120
226,055
344,175
Level 3 fair value
Level 3 fair value has been derived as described in Note 16 and 17. There were no material transfer between Level 2
and Level 3 during the financial year other than as described above.
The Group and Company do not have any financial liabilities carried at fair value nor any financial instruments classified
as Level 1 as at 31 December 2015 and 31 December 2014.
266
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
