FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
120
DETAILS OF PROPERTIES HELD BY THE GROUP
Location
Registered
proprietor
Tenure
Gross
land area
Net book
value as at
31 Dec 2015
$’000
Use of
property
Encumbrances
1. No.
14 to 16
Hurksestraat,
Eindhoven,
The Netherlands
Frencken
Investments
B.V.
Freehold 12,300 sq m 5,292
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 3,498
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 654
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
1,859
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
421
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
2,749
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
1,470
Production
and office
-
The properties owned by the Group are as follows:
