OTHERS Revaluation of Properties
| MERCURY SECURITIES GROUP BERHAD |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS |
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| Description | Revaluation of Properties |
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1. Introduction
Pursuant to Rule 9.19(46) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors (“Board”) of Mercury Securities Group Berhad (“MSGB” or “Company”) wishes to announce that Mercury Securities Sdn Bhd, a wholly-owned subsidiary of the Company, had undertaken a revaluation exercise on its property assets held as land and buildings (collectively “Properties”) (“Revaluation”) in accordance with the Malaysian Financial Reporting Standard 13: Fair Value Measurement.
The valuation of the Properties was conducted by two (2) independent property valuers, namely AJC Property Surveyors Sdn Bhd and JLL Appraisal & Property Services Sdn Bhd.
The Board has approved the incorporation of the revaluation surplus of RM1,685,642 arising from the Revaluation in the Company’s unaudited consolidated financial statements for the fourth (4th) financial quarter ended 31 October 2025 as well as the Company’s audited consolidated financial statements for the financial year ended 31 October 2025.
2. Details of the Properties Revalued and Revaluation Surplus
The details of the Properties subject to the Revaluation are as follows:
3. Effect on the Net Assets Per Share
Based on the Company’s unaudited consolidated financial statements for the financial quarter ended 31 October 2025, the revaluation surplus (net of deferred tax) of RM1,517,078 has resulted in an increase of the net assets per share of the Group by approximately 0.17 sen to 21.50 sen as at 31 October 2025.
4. Documents Available for Inspection
The valuation reports of the Properties are available for inspection at the Registered Office of the Company located at Unit 30-01, Level 30, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur during normal office hours from Monday to Friday (except for Public Holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 30 December 2025. |
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Announcement Info
| Company Name | MERCURY SECURITIES GROUP BERHAD |
| Stock Name | MERSEC |
| Date Announced | 30 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30122025-00020 |