Others

BackFeb 27, 2017
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 ("Board") of APMAH 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 27 February 2017 approved the incorporation of revaluation surplus, net of deferred tax of RM2,100,000 in the consolidated financial statements of APMAH for the financial year ended 31 December 2016.

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

This announcement is dated 27 February 2017.

 


Announcement Info

Company Name APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name APM
Date Announced 27 Feb 2017
Category General Announcement for PLC
Reference Number GA1-23022017-00048

Attachments

  1. Valuation_of_Non-Current_Assets.pdf (Size: 113,884 bytes)