Investment Property Recognition Flashcard

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State whether or not the above respective assets would be recognised as Investment Property according to MFRS 140 Investment Property. A special machine rented out on operating lease agreement to Park JT Enterprise.

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Not an Investment property

Front

State whether or not the following asset would be recognised as Investment Property according to MFRS 140 Investment Property: A 20-storey building of which 2 storeys are occupied by Wonder Friends Bhd and the other 18 storeys are rented out to SLGM Sdn Bhd under an operating lease. The building cannot be sold separately upon disposal.

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Investment property

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Would a land acquired at Namson Precint to be used in future as a parking lot for the company be recognised as Investment Property according to MFRS 140 Investment Property?

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Not an Investment property

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State whether or not the following asset would be recognised as Investment Property according to MFRS 140 Investment Property: An old building which was once used as a hostel for the employees but recently has been renovated and currently rented out to Hybee Bhd.

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Investment property

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Would the land located at Perdana Avenue leased out on a 20-year operating lease to Kupi FM be recognised as Investment Property according to MFRS 140?

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Investment property

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Would a commercial building bought by a real estate company in Gopeng for generating rental income be recognised as Investment Property according to MFRS 140?

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Investment property

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Would the assets be recognised as Investment Property according to MFRS 140? A manufacturing company in Kamunting acquires land and builds a factory for core operations.

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Not an Investment property

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Would a portfolio of residential apartment complexes acquired by an investment fund company for generating rental income be recognised as Investment Property according to MFRS 140?

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Investment property

Front

Would farmland and a barn used for storing farm equipment and livestock, with no intention of leasing or earning rental income, be recognised as Investment Property according to MFRS 140?

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Not an Investment property

Front

State whether or not the above respective assets would be recognised as Investment Property according to MFRS 140 Investment Property. A restaurant chain in Kuala Kangsar acquired a building to house one of its restaurant locations, using the building exclusively for its restaurant business.

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Not an Investment property