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

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
09-Feb-2023 19:04:27
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG230209OTHRQF1D
Submitted By (Co./ Ind. Name)
Chow Ching Sian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Valuation of property owned by a subsidiary, PT Super Makmur Sejahtera. Please refer to the valuation
details below.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2022KJPP Willson dan Rekan in association with Knight FrankVacant land plots located at Desa Berakit, Kecamatan Teluk Sebong, Kabupaten Bintan, Kepulauan Riau Province, IndonesiaIndonesian Rupiah260,052,000,000
Valuation of Reports available for inspection at address during office hours
54 Serangoon North Avenue 4 #05-02 Singapore 555854
Reports available till date
08/05/2023
Additional Information
(i) Desktop valuation was conducted for the property.
(ii) The valuation amount is equivalent to approximately S$22.4 million based on the exchange rate of S$1:IDR11,606.