Page 377 - MSM_AIR2021

SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 375

SUMMARY OF

PROPERTIES LEASED

AS AT 31 DECEMBER 2021

Rental per
annum
Built-up (Unless
area/Land otherwise
Name of Lessor/Lessee or area (square stated)
Landlord/Tenant or Grantor/ Description metre unless (RM unless
Grantee of property/ otherwise Tenure/ otherwise
No. Lot no/Postal Address Existing use stated) Date of expiry stated)
MSM PRAI BERHAD
1. H.S. (D) 28162, Lot 286 Property erected 3,471.5/ A lease for 30 years/ 26,323
Bandar Prai, Daerah Seberang Perai with molasses 97,494 sq ft Expiring on 30
Tengah, Pulau Pinang - Plot A & B tanks, refined sugar November 2024
798, Main Road, 13600 Prai warehouse, raw sugar with option to
Penang warehouse, container renew for another
parking area, railway 30 years
lines and packaging
materials warehouse
2. H.S. (D) 28162, Lot 286 Property erected with 4,119.7/ A lease for 30 years/ 16,355
Bandar Prai, Daerah Seberang Perai raw warehouse and 60,575 sq ft Expiring on
Tengah, Pulau Pinang - Plot C miscellaneous 30 November 2024
798, Main Road, 13600 Prai, Penang materials with option to
warehouse renew for another
30 years
3. H.S. (D) 28137, Lot 287 Property erected with 72,451.4/ A lease for 30 years/ 163,480
Bandar Prai, Daerah Seberang Perai raw warehouse and 605,484 sq ft Expiring on
Tengah, Pulau Pinang, 798 miscellaneous 30 November 2024
Main Road, 13600 Prai, Penang materials warehouse with option to
renew for another
30 years
4. H.S. (D) 28162, Lot 286 Property erected with 5,374.7/ A lease for 3 years/ 252,096
Bandar Prai, Daerah Seberang Perai raw warehouse and 96,140 sq ft Expiring on
Tengah, Pulau Pinang - Plot D miscellaneous 31 May 2024 with
798, Main Road, 13600 Prai, Penang materials warehouse option to renew for
another 10 years
5. Penang Port Commission (as lessor)/ Storage godown/ 7,580.12/ A lease for 22 years/ 235,023
Kilang Gula Felda Perlis Sdn Bhd Currently used as a Not Applicable Expiring on
(as lessee) storage facility for 31 January 2025
refined sugar and
Bulk Cargo Terminal, 13600 Prai, raw sugar
Penang