Suriaa Berhad has purchased a piece of land in Damansara on 1 February 2017. The purchased land has a vacant and unoccupied old building, that was demolished to make way for the new building. The new building will be used as Suriaa Berhad's new headquarters, and construction had started in January 2019 and completed on 30 December 2020. Period of construction was halted from 1 April 2020 until 31 May 2020 due to the Restricted Movement Control Order (RMCO) by the Government. The following costs were incurred: Legal fees for obtaining legal title of the land RM 40,000 Demolition of the vacant building RM 80,000 Fees for architects in designing the new building RM 30,000 Real property gains tax paid to LHDN RM 6,000 Government soft loan obtained to construct the RM 1 million new building, 5% interest, payable in 10 years period Construction cost - 2019 RM 1 million - 2020 RM 1 million Scrapped materials from old building disposed RM 4,000 at scrap value Loan received from SME Bank for construction RM 1 million of asset, 9% interest payable in 10 years Suriaa Berhad has purchased a piece of land in Damansara on 1 February 2017. The purchased land has a vacant and unoccupied old building, that was demolished to make way for the new building. The new building will be used as Suriaa Berhad's new headquarters, and construction had started in January 2019 and completed on 30 December 2020. Period of construction was halted from 1 April 2020 until 31 May 2020 due to the Restricted Movement Control Order (RMCO) by the Government. The following costs were incurred: Legal fees for obtaining legal title of the land RM 40,000 Demolition of the vacant building RM 80,000 Fees for architects in designing the new building RM 30,000 Real property gains tax paid to LHDN RM 6,000 Government soft loan obtained to construct the RM 1 million new building, 5% interest, payable in 10 years period Construction cost - 2019 RM 1 million - 2020 RM 1 million Scrapped materials from old building disposed RM 4,000 at scrap value Loan received from SME Bank for construction RM 1 million of asset, 9% interest payable in 10 years