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
27-Feb-2023 18:07:58
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG230227OTHRSIYB
Submitted By (Co./ Ind. Name)
Josephine Lee
Designation
Finance Director and Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement is made in accordance with Rule 703 of the Listing Manual to disclose the valuation of real assets of the Group that has a significant impact on the Group's financial position and/or performance as at 31 December 2022.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2022Savills Valuation and Professional Services (S) Pte LtdThe Metropolis 9 & 11 North Buona Vista Drive, Singapore 138588Singapore Dollar2,155,000,000
31/12/2022Cushman & Wakefield Debenham Tie Leung LimitedRopemaker Place, 25 Ropemaker Street, London EC2Y 9LYUnited Kingdom Pound703,000,000
31/12/2022Cushman & Wakefield Debenham Tie Leung Limited1 St Martin's Le Grand, London EC1A 4NPUnited Kingdom Pound198,000,000
31/12/2022Knight Frank LLPThe Scalpel, 52-54 Lime Street, London EC3M 7AFUnited Kingdom Pound680,000,000
Valuation of Reports available for inspection at address during office hours
9 North Buona Vista Drive #11-01 The Metropolis Tower 1 Singapore 128588
Reports available till date
27/05/2023