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

Issuer & Securities

Issuer/ Manager
LIAN BENG GROUP LTD
Securities
LIAN BENG GROUP LTD - SG1G55870362 - L03
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
12-Jul-2021 18:38:24
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG210712OTHRCSDJ
Submitted By (Co./ Ind. Name)
Ong Pang Aik
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
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
31/05/2021SRE Global Pte. Ltd.32, 34, 36 Mandai Estate, Westlite Mandai Dormitory, Singapore 729939, 729940 and 729941Singapore Dollar263,000,000
12/01/2021Savills Valuation and Professional Services (S) Pte. Ltd.30 Tai Seng Street, BreadTalk IHQ, Singapore 534013Singapore Dollar118,000,000
31/05/2021Knight Frank Pte Ltd4190, Ang Mo Kio Avenue 6, Broadway Plaza, Singapore 569841Singapore Dollar62,000,000
31/05/2021Knight Frank Pte Ltd451, Clementi Avenue 3, #01-309, Singapore 120451Singapore Dollar42,000,000
31/05/2021Knight Frank Pte Ltd712 Ang Mo Kio Avenue 6, #01-4056, Singapore 560712Singapore Dollar40,000,000
31/05/2021Knight Frank Pte Ltd192, Lorong 4 Toa Payoh #01-674, Singapore 310192Singapore Dollar38,000,000
31/05/2021Knight Frank Pte Ltd166 Bukit Merah Central, #01-3527, Singapore 150166Singapore Dollar36,000,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.381 Joo Chiat Road, Singapore 427621Singapore Dollar27,000,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.25 Playfair Road, Singapore 367990Singapore Dollar15,500,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.65 Cairnhill Road, #06-01 The Ritz-Carlton Residences, Singapore 229721Singapore Dollar10,000,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.221 Balestier Road, #02-05, #03-04, #04-01 Rocca Balestier, Singapore 329928Singapore Dollar7,300,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.111, Emerald Hill Road, #05-02, 111 Emerald Hill, Singapore 229391Singapore Dollar5,250,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.111, Emerald Hill Road, #03-03, 111 Emerald Hill, Singapore 229391Singapore Dollar4,300,000
31/05/2021Knight Frank Pte Ltd221 Boon Lay Place, #01-140, #01-144 Boon Lay Shopping Centre, Singapore 640221Singapore Dollar3,300,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.1 Khiang Guan Avenue, #22-02 Lincoln Suites, Singapore 308380Singapore Dollar3,200,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.16 Spottiswoode Park Road, #36-07 Spottiswoode Suites, Singapore 088661Singapore Dollar2,000,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.38 Cairnhill Road, #15-06 The Laurels Singapore 229658Singapore Dollar1,460,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.134 Serangoon Avenue 3, #15-15 The Scala, Singapore 554477Singapore Dollar1,550,000
31/05/2021Savills Valuation and Professional Services (S) Pte. Ltd.76 Dakota Crescent, #18-13 Waterbank at Dakota, Singapore 399944Singapore Dollar1,120,000
19/05/2021Chengdu Justice Real Estate Trade & Appraisal Co., LtdUnit 1503, Level 15, One Unit Block 10, Li Du Road 700, Gaoxin District, Chengdu City, ChinaYuan Renminbi2,441,300
Valuation of Reports available for inspection at address during office hours
29 Harrison Road, Lian Beng Building, Singapore 369648
Reports available till date
12/10/2021
Additional Information
In respect of the BreadTalk IHQ located at 30 Tai Seng Street, Singapore 534013, the Company has obtained confirmation from Savills Valuation and Professional Services (S) Pte. Ltd., that the market valuation remains valid and unchanged as at 31 May 2021.