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Oiltek International (SGX:HQU) Buildings And Improvements : S$0.00 Mil (As of Dec. 2023)


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What is Oiltek International Buildings And Improvements?


Oiltek International Buildings And Improvements Historical Data

The historical data trend for Oiltek International's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oiltek International Buildings And Improvements Chart

Oiltek International Annual Data
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Buildings And Improvements
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Oiltek International Semi-Annual Data
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Oiltek International Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Oiltek International (SGX:HQU) Business Description

Traded in Other Exchanges
N/A
Address
Kawasan MIEL Phase 10, Lot 6, Jalan Pasaran 23/5, Section 23, Selangor Darul Ehsan, Shah Alam, SGR, MYS, 40300
Oiltek International Ltd is an integrated process technology and renewable energy solutions provider in the vegetable oils industry. It is engaged in the supply and provision of engineering design and commissioning of oil extraction equipment and plant. The company provides solutions that cater to all types of vegetable oils, including palm oil, soybean oil, and rapeseed oil, which are some of the major agricultural commodities in the world.

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