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
24-Aug-2022 17:24:25
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG220824OTHR54AG
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
30/06/2022KJPP Willson dan Rekan in association with Knight FrankVacant land plots located at Desa Berakit, Kecamatan Teluk Sebong, Kabupaten Bintan, Kepulauan Riau Province, IndonesiaIndonesian Rupiah258,862,000,000
Valuation of Reports available for inspection at address during office hours
54 Serangoon North Avenue 4 #05-02 Singapore 555854
Reports available till date
23/11/2022
Additional Information
The valuation amount is equivalent to approximately S$24.2 million based on the exchange rate of S$1:IDR10,696.