SENTRAL

0.795

-0.005 (-0.6%)

OTHERS Revaluation of Properties

SENTRAL REIT

Type Announcement
Subject OTHERS
Description
Revaluation of Properties

The Board of Directors of Sentral REIT Management Sdn Bhd ("SRM"), the Manager of Sentral REIT ("SENTRAL") 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's Properties* of RM2.522 billion and RM1.964 million, respectively shall be incorporated into the accounts of SENTRAL as at 31 December 2023.

 

Note:

*refers to Sentral Building 1 - DHL 1 and Sentral Building 2, Sentral Building 4, Sentral Building 3 - BMW, part of Plaza Mont' Kiara, Wisma Sentral Inai, Lotuss Building Penang, Platinum Sentral, Menara Shell and Menara CelcomDigi (collectively known as "the Properties").




Please refer attachment below.



Announcement Info

Company Name SENTRAL REIT
Stock Name SENTRAL
Date Announced 23 Jan 2024
Category General Announcement for PLC
Reference Number GA1-23012024-00028