Valuation Of Non-Current Assets

BackFeb 24, 2023
Type Announcement
Subject OTHERS
Description

APM AUTOMOTIVE HOLDINGS BERHAD ("APMAH" OR THE "COMPANY")

- VALUATION OF NON-CURRENT ASSETS

Pursuant to Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements,the Board of Directors of APMAH (“Board”) wishes to announce that the Company has carried out a revaluation exercise on the Company’s and its subsidiaries’ (“the Group”) investment properties which consist of buildings, leasehold land and freehold land situated in Malaysia (“Properties”).

The Board had on 24 February 2023 approved the incorporation of the revaluation surplus, net of deferred tax, of RM36,000 in the consolidated financial statements of APMAH for the financial year ended 31 December 2022.

Please refer to the attached file for the full text of the announcement.

This announcement is dated 24 February 2023.

Please refer attachment below.


Announcement Info

Company Name APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name APM
Date Announced 24 Feb 2023
Category General Announcement for PLC
Reference Number GA1-21022023-00031

Attachments

  1. Ann-Revaluation_of_Non-Current_Assets.pdf (Size: 43,854 bytes)