Notice of Valuation of Real Assets::NOTICE OF VALUATION OF REAL ASSETS

Issuer & Securities

Issuer/ Manager
HO BEE LAND LIMITED
Securities
HO BEE LAND LIMITED - SG1H41875896 - H13
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
25-Feb-2019 17:19:49
Status
New
Announcement Sub Title
NOTICE OF VALUATION OF REAL ASSETS
Announcement Reference
SG190225OTHR4NQA
Submitted By (Co./ Ind. Name)
Tan Sock Kiang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement is made in accordance with Rule 703 (Appendix 7.1) of the Listing Manual to disclose the valuation of the real assets of the Group that has a significant impact on the Group's financial position and/or performance as at 31 December 2018.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2018Savills Valuation and Professional Services (S) Pte LtdThe Metropolis, 9 & 11 North Buona Vista Drive, Singapore 138588 & 138589Singapore Dollar1,870,000,000
31/12/2018Cushman & WakefieldRopemaker Place, 25 Ropemaker Street, London EC2Y 9LYUnited Kingdom Pound660,000,000
Valuation of Reports available for inspection at address during office hours
9 North Buona Vista Drive, #11-01 The Metropolis Tower 1,
Singapore 138588
Reports available till date
25/05/2019