• technical-clinic

Property, Plant and Equipment, and Investment Properties – Highlights of Technical Clinic

Property, plant and equipment (PPE) is held for use in an entity’s business activities. On the other hand, investment properties are held to earn rentals or for capital appreciation or both, rather than for use in an entity’s business activities. As such, investment properties generate cash flows largely independently of the other assets, which are consistent with the intention of the management of the entity, in view of its investment potential. Lim Yeong Seng, Partner of Kong Lim & Partner LLP, facilitated the lively discussion among a group of practitioners. We bring you some of the highlights here.
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