OTHERS MAJUPERAK HOLDINGS BERHAD - REVALUATION OF PROPERTIES
|Description||MAJUPERAK HOLDINGS BERHAD - REVALUATION OF PROPERTIES|
Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Majuperak Holdings Berhad (MHB or the Company) wishes to announce that a revaluation exercise (Revaluation) was undertaken on the Investment Properties (collectively the Investment Properties) held by MHB and its subsidiaries (MHB Group). The Board has approved the Valuation Reports and the incorporation of the Revaluation surplus arising from the Revaluation in the Companys unaudited financial results for the Fourth Quarter of the Financial Year ended 31 December 2020 (FY2020).
Please refer to the attached file for the full text of the Announcement.
This announcement is dated 29 March 2021.