Address/Location	:	No. 88, Jalan Sultan Abdul Jalil, 30450 Ipoh, Perak Darul Ridzuan, Malaysia.
Property description	:	13-storey hotel building with 291 rooms.
Property type	:	Hotel
Age	:	Approximately 30 years
Title details	:	PN 101774 for Lot 8633N in Bandar Ipoh (U), District of Kinta, State of Perak Darul Ridzuan.
Encumbrances/Limitation in title/ interest	:	The property is free from encumbrances and there is no restriction attached to the title.
Status of holdings	:	999-year leasehold expiring on 21 September 2894. The unexpired lease period is approximately 870 years.
Existing use	:	Commercial building, vacant and under major renovation
Parking spaces	:	194 bays
Date of acquisition	:	8 April 2024
Cost of acquisition (including incidentals)	:	RM55,687,000
Fair value adjustments for the financial year	:	RM1,698,000
Market value	:	RM58,000,000
Date of latest valuation	:	31 May 2024
Independent valuer	:	Savills (Malaysia) Sdn Bhd
Net book value	:	RM58,000,000
Vendor	:	Syeun Hotel Berhad