OTHERS REVALUATION OF PROPERTIES
SENTRAL REIT |
Type | Announcement |
Subject | OTHERS |
Description | REVALUATION OF PROPERTIES |
The Board of Directors of Sentral REIT Management Sdn Bhd (formerly known as MRCB Quill Management Sdn Bhd) (“SRM”), the Manager of Sentral REIT (Formerly known as MRCB-Quill REIT) is pleased to announce that pursuant to Clause 10.02(b)(i) of the Securities Commission (“SC”)’s Guidelines on Listed Real Estate Investment Trusts (“REITs”) and Paragraph 9.19 (46) of the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the current market valuation and fair value loss of investment properties for all Sentral REIT’s Properties* of RM2.081 billion and RM14.659 million, respectively shall be incorporated into the accounts of Sentral REIT as at 31 December 2021.
Note: * refers to Quill Building 1 – DHL 1 and Quill Building 4 – DHL 2, Quill Building 2 - HSBC, Quill Building 3 – BMW, part of Plaza Mont’ Kiara, Wisma Technip, Lotuss Building Penang (formerly known as Tesco Building Penang), Platinum Sentral and Menara Shell (collectively known as “the Properties”)
For further details of the announcement, please refer to the file as attached. |
Please refer attachment below.
Announcement Info
Company Name | SENTRAL REIT |
Stock Name | SENTRAL |
Date Announced | 20 Jan 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-20012022-00057 |