Schedule of Net Book Value of Right-of-use Assets

The analysis of the net book value of right-of-use assets by class of underlying assets are as follows:

	Property		Farm			Total
	MYR		MYR			MYR
	(note (i))		(note (ii))
Cost
As of January 1, 2023		–		136,880			136,880
Additions		2,352,677		–			2,352,677
Derecognition		–		(136,880	)		(136,880	)
As of December 31, 2023 and January 1, 2024		2,352,677		–			2,352,677
Additions		616,029		–			616,029
As of December 31, 2024		2,968,706		–			2,968,706
As of December 31, 2024 (USD)		664,213		–			664,213

Accumulated depreciation
As of January 1, 2023		–		111,992			111,992
Charge for the year		211,384		24,888			236,272
Derecognition		–		(136,880	)		(136,880	)
As of December 31, 2023 and January 1, 2024		211,384		–			211,384
Charge for the year		480,114		–			480,114
As of December 31, 2024		691,498		–			691,498
As of December 31, 2024 (USD)		154,715		–			154,715

Net book value
As of January 1, 2023		–		24,888			24,888
As of December 31, 2023 and January 1, 2024		2,141,293		–			2,141,293
As of December 31, 2024		2,277,208		–			2,277,208
As of December 31, 2024 (USD)		509,498		–			509,498

(i)	Property - right-of-use assets

The Group leases three properties (2023: two) to place CEA vertical farms and office with two of the leases with lease term of three years and a lease with a lease term of two years (2023: three years). For all three leases, the Company has the option to renew the lease for another three years.

(ii)	Farm - right-of-use assets

In 2021, the Group sold a CEA vertical farm to a customer and later leased back the farm from the customer with a lease term of 2 years. The transactions are accounted as a sale-and-leaseback transaction under IFRS 16. There is no option to renew and the lease ended in April 30, 2023.

Schedule of Remaining Contractual Maturities of the Group’s Lease Liabilities

The following tables show the remaining contractual maturities of the Group’s lease liabilities at the end of the reporting periods:

	As of December 31, 2023
	Present value of the minimum lease payment		Total minimum lease payments
	MYR		MYR
Within 1 year		459,849		485,136
More than 1 year but within 2 years		416,261		485,136
More than 2 years but within 5 years		1,186,110		1,686,256
More than 5 years		154,808		261,768
		2,217,028		2,918,296
Less: total future interest expenses				(701,268	)
Present value of lease liabilities				2,217,028

	As of December 31, 2024
	Present value of the minimum lease payments		Present value of the minimum lease payments		Total minimum lease payments			Total minimum lease payments
	MYR		USD		MYR			USD
Within 1 year		397,705		88,982		629,136			140,762
More than 1 year but within 2 years		501,018		112,097		689,248			154,211
More than 2 years but within 5 years		1,594,587		356,771		1,805,975			404,067
		2,493,310		557,850		3,124,359			699,040
Less: total future interest expenses						(631,049	)		(141,190	)
Present value of lease liabilities						2,493,310			557,850