General Announcement for PLC

22/07/2022

OTHERS HEXTAR INDUSTRIES BERHAD ("HIB" OR "THE COMPANY") VALUATION ON NON-CURRENT ASSETS

HEXTAR INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description 
HEXTAR INDUSTRIES BERHAD ("HIB" OR "THE COMPANY")

VALUATION ON NON-CURRENT ASSETS

Pursuant to Rule 9.19(46) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“Board”) of HIB wishes to announce that the Company had undertaken a revaluation exercise (“Revaluation”) on its land and properties of HIB and its subsidiaries (“HIB Group”).

 

The Board has at its Board meeting held on 22 July 2022 approved the incorporation of the revaluation surplus arising from the Revaluation in the third quarter of the unaudited consolidated financial statements of the Company for the financial period ended 31 May 2022.

 

Please refer to the attachment for further details.

 

This announcement is dated 22 July 2022.


Please refer attachment below.


Announcement Info

Company Name HEXTAR INDUSTRIES BERHAD
Stock Name HEXIND
Date Announced 22 Jul 2022
Category General Announcement for PLC
Reference Number GA1-22072022-00063


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