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OTHERS CLASSITA HOLDINGS BERHAD ("CLASSITA" OR "THE COMPANY") - VALUATION OF NON-CURRENT ASSETS OF THE GROUP

CLASSITA HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
CLASSITA HOLDINGS BERHAD ("CLASSITA" OR "THE COMPANY") 
- VALUATION OF NON-CURRENT ASSETS OF THE GROUP

INTRODUCTION
Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of CLASSITA wishes to announce that the Board had approved the revaluation surplus of RM 250,000 to be incorporated into the unaudited consolidated financial statements for the financial period ended 30 June 2025.

 

PURPOSE OF VALUATION
The purpose of the valuation is to reflect the fair value of the non-current assets of the CLASSITA Group for accounting purposes in compliance with the Malaysian Financial Reporting
Standards (MFRS) 116 Property, Plant and Equipment and MFRS 140 on Investment Properties.

 

DETAILS OF VALUATION
Please refer to Annexure A for further details.

 

DOCUMENTS FOR INSPECTION
The valuation reports are available for inspection at the registered office of the Company at 51-21-A, Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 George Town, Penang during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.

 

This announcement is dated 29 August 2025.




Please refer attachment below.

Attachments

Appendix A.pdf
89.1 kB



Announcement Info

Company Name CLASSITA HOLDINGS BERHAD
Stock Name CLASSITA
Date Announced 29 Aug 2025
Category General Announcement for PLC
Reference Number GA1-29082025-00061