125
FRENCKEN GROUP LIMITED
ANNUAL REPORT 2014
DETAILS OF PROPERTIES HELD BY THE GROUP
Location
Registered
proprietor
Tenure
Gross
land area
Net book
value as at
31 Dec 2014
$’000
Use of
property
Encumbrances
1. No. 14 to 16 Hurksestraat,
Eindhoven,
The Netherlands
Frencken
Investments
B.V.
Freehold 12,300 sq m 5,932
Production
and office
Legal charge
in favour of
Coöperatieve
Rabobank
Eindhoven -
Veldhoven
2. Molenweg 3, Reuver,
The Netherlands
Frencken
Investments
B.V.
Freehold 11,300 sq m 3,813
Production
and office
Legal charge
in favour of
Coöperatieve
Rabobank
Eindhoven -
Veldhoven
3. Lot No. 670, No.H.S.(M)
52, Mukim 2,
Tempat Tasek,
Daerah Seberang Perai
Selatan, Pulau Pinang,
Malaysia
Precico
Electronics
Sdn. Bhd.
Freehold 7,945 sq m 763
Production
and office
-
4. Lot No.P.T. 1559,
No.H.S.(D) 2833,
Mukim 1, Daerah
Seberang Perai Tengah,
Pulau Pinang, Malaysia
Precico
Electronics
Sdn. Bhd.
Leasehold
expiring
24.06.2046
2.67 acres
or
10,815.59
sq m
2,204
Production,
office and
canteen for
employees
-
5. Lot No.P.T. 1573, No.H.S.
(D) 2845, Mukim 1,
Daerah Seberang Perai
Tengah, Pulau Pinang,
Malaysia
Precico
Electronics
Sdn. Bhd.
Leasehold
expiring
14.07.2046
3.20 acres
or
12,957.95
sq m
499
Production,
office and
car park
-
6. Lot No.P.T. 1574,
No.H.S. (D) 2846,
Mukim 1, Daerah
Seberang Perai Tengah,
Pulau Pinang, Malaysia
Precico
Electronics
Sdn. Bhd.
Leasehold
expiring
11.08.2046
3.79 acres
3,162
Production
and office
-
7. Lot No.P.T. 1576,
No.H.S. (D) 2847,
Mukim 1, Daerah
Seberang Perai Tengah,
Pulau Pinang, Malaysia
Precico
Electronics
Sdn. Bhd.
Leasehold
expiring
11.08.2046
1.92 acres
or
7,750.38
sq m
1,743
Production
and office
-
The properties owned by the Group are as follows:
