IQZAN

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OTHERS IQZAN HOLDING BERHAD ("IQZAN" OR "THE COMPANY") - Revaluation of Property

IQZAN HOLDING BERHAD

Type Announcement
Subject OTHERS
Description
IQZAN HOLDING BERHAD ("IQZAN" OR "THE COMPANY")
- Revaluation of Property

In compliance with Paragraph 9.19(46) and part H, Appendix 9A of Chapter 9 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“the Board”) of Iqzan Holding Berhad (“Iqzan”) is pleased to announce that a revaluation on the Factory Building (“Properties”) held by a wholly owned subsidiary namely Zoomic Technology (M) Sdn. Bhd. has been carried out by an independent professional valuer, via issued with certification of valuation for accounting purpose by using the market value as the basis of valuation to determine on the fair value of the Properties (hereinafter referred to as “Revaluation”). 

 

Please refer to the attached document for further details.

 

This announcement is dated 30 June 2021.




Please refer attachment below.

Attachments

Iqzan - Announcement.pdf
276.6 kB



Announcement Info

Company Name IQZAN HOLDING BERHAD
Stock Name IQZAN
Date Announced 30 Jun 2021
Category General Announcement for PLC
Reference Number GA1-30062021-00054