Sunny Tew
Sunny Tew
Sunny Tew
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NOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2007 (Continued)4. Property, plant and equipment (Continued)The net book value of leasehold properties of the Group and the Company that were mortgaged as security for bank borrowings (Note 12) were as follows:The GroupThe Company2007 2006 2007 2006$ $ $ $7,584,604 7,850,718 3,277,447 3,484,406As at the balance sheet date, the Group’s and the Company’s leasehold buildings are as follows:Location Description TenureApproximate build-up area(sq m)No. 28 Jalan Buroh Singapore 619484 Office/factory 22 years from 1 August 1997 13,687.8No. 30 Jalan Buroh Singapore 619486 Office/warehouse 30 years from 11 May 1994 31,907.364 HG METAL MANUFACTURING LIMITED ANNUAL REPORT 2007