News

Pursuant to Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, 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 (“IP”), Property, Plant and Equipment (“PPE”) and Right-Of-Use assets (“ROU”) which consist of buildings, leasehold land and freehold land situated in Malaysia, Vietnam, Indonesia, Thailand, Myanmar, Australia, United States of America and Netherlands (“Properties”).

The Board had on 25 February 2021 approved the incorporation of the revaluation surplus, net of deferred tax, of RM68.0 million in the consolidated financial statements of APMAH for the financial year ended 31 December 2020.

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

This announcement is dated 25 February 2021.