Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

Issuer & Securities

Issuer/ Manager
PAN HONG HOLDINGS GROUP LIMITED
Securities
PAN HONG HOLDINGS GROUP LTD - BMG6900A1163 - P36
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
31-May-2019 18:24:30
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG190531OTHRUVEF
Submitted By (Co./ Ind. Name)
Wong Lam Ping
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Please refer to the valuation details below for the values of investment properties as at 31 March 2019.
The valuation amounts correspond with the carrying value of the investment properties in the financial statements of the Group on the year end date.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/03/2019Jones Lang LaSalle Corporate Appraisal and Advisory Limited28 bicycles of Xinya JiayuanYuan Renminbi190,000
31/03/2019Jones Lang LaSalle Corporate Appraisal and Advisory LimitedVarious retail units on Level 2 of Nanxun Commercial ComplexYuan Renminbi5,722,000
31/03/2019Jones Lang LaSalle Corporate Appraisal and Advisory LimitedVarious retail units on Level 1 and 3 of Hongjin Commercial PlazaYuan Renminbi15,115,000
Valuation of Reports available for inspection at address during office hours
Share Transfer Agent's office at B.A.C.S. Private Limited, 8 Robinson Road #03-00 ASO Building, Singapore 048544
Reports available till date
31/08/2019