Notice of Valuation of Real Assets::Notice Of Recent Valuation Of Properties

Issuer & Securities

Issuer/ Manager
METRO HOLDINGS LTD
Securities
METRO HOLDINGS LIMITED - SG1I11878499 - M01
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
25-Jun-2020 07:32:24
Status
New
Announcement Sub Title
Notice Of Recent Valuation Of Properties
Announcement Reference
SG200625OTHRKJFS
Submitted By (Co./ Ind. Name)
Tan Ching Chek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached file for further details.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/03/2020Cushman & Wakefield LimitedPart of Guangzhou International Electronics Tower, Guangzhou, comprising approximately 62.5% of a 7-storey shopping podium and 35-storey office tower.Yuan Renminbi542,400,000
31/03/2020Cushman & Wakefield LimitedPart of Metro City, Shanghai, comprising 60% of a 9-storey entertainment centre.Yuan Renminbi566,400,000
31/03/2020Cushman & Wakefield LimitedPart of Metro Tower, Shanghai, comprising 60% of a 26-storey office tower.Yuan Renminbi680,400,000
31/03/2020Colliers International Valuation UK LLPPart of 5 Chancery Lane, London, comprising 50% of a 8-storey office building.United Kingdom Pound40,000,000
31/03/2020Savills Valuation And Professional Services (S) Pte LtdPart of 7&9 Tampines Grande, Singapore, comprising 50% of two blocks of 8-storey commercial development with retail/F&B units.Singapore Dollar202,500,000
Valuation of Reports available for inspection at address during office hours
Due to the Covid-19 situation and the elevated safe distancing measures, shareholders who wish to inspect the valuation reports are advised to contact the Company at the email address Dpo@metroholdings.com.sg.
Reports available till date
25/09/2020

Attachments