General Announcement::REVALUATION OF FREEHOLD LAND AND BUILDINGS AT BUTTERWORTH

Issuer & Securities

Issuer/ Manager
MALAYSIA SMELTING CORP BHD 100
Securities
MALAYSIA SMELTING CORP BHD - MYL5916OO001 - NPW
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
14-Nov-2018 18:32:02
Status
New
Announcement Sub Title
REVALUATION OF FREEHOLD LAND AND BUILDINGS AT BUTTERWORTH
Announcement Reference
SG181114OTHRIM50
Submitted By (Co./ Ind. Name)
SOO HAN YEE
Designation
COMPANY SECRETARY
Effective Date and Time of the event
14/11/2018 00:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Malaysia Smelting Corporation Berhad ("MSC") is pleased to announce that the Board had on 14 November 2018 approved the incorporation of the net gain arising from the fair value adjustment of the freehold land and buildings located at 27 Jalan Pantai, 12000 Butterworth ("Butterworth land") to the financial statements of MSC Group as at 30 September 2018, in respect of the revaluation done on the Butterworth land.

Please refer to the attachment for further details.

This announcement is dated 14 November 2018.


Attachments

MSC- 2018 Revaluation of Freehold Land and Buildings at Butterworth.pdf
Total size =20K