OTHERS Valuation of Non-Current Assets
| SYNERGY HOUSE BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | Valuation of Non-Current Assets |
|
Pursuant to Rule 9.19(46) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors (“Board”) of Synergy House Berhad (“SHB” or “Company”) wishes to announce that Synergy House Furnitures Sdn Bhd (“SHF”), the wholly-owned subsidiary of the Company, had undertaken a revaluation exercise on its property, plant and equipment (“PPE”), Investment Properties (“IP”) and Right of use assets (“ROU”) (“Revaluation”) held by the Company and its subsidiaries (“Group”).
The Board has approved the valuation of approximately RM 60.7 million after the incorporation of the revaluation surplus, net of deferred tax, of approximately RM3,928,072 arising from Revaluation of PPE, IP and ROU in the consolidated financial statements of Synergy House Berhad for the financial year ended 31 December 2025.
Please refer to the attachment for the details of the above announcement.
This announcement is dated 25 February 2026. |
|
Please refer attachment below.
Announcement Info
| Company Name | SYNERGY HOUSE BERHAD |
| Stock Name | SYNERGY |
| Date Announced | 25 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25022026-00111 |