JOHAN

0.035

+0.01 (+40%)

OTHERS Johan Holdings Berhad ("the Company" or "JHB") - Revaluation of Properties

JOHAN HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Johan Holdings Berhad ("the Company" or "JHB") - Revaluation of Properties

1. Introduction

 

Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors (“the Board”) of JHB wishes to announce that the Company had undertaken a revaluation exercise (“Revaluation”) on the Properties, Plant and Equipment (“PPE”) held by Dynacare Sdn Bhd, a subsidiary of JHB.

 

The Board has approved the incorporation of the Revaluation surplus and Reversal of impairment loss arising from the Revaluation in the Group’s consolidated financial statements for the financial period ended 30 April 2025.

 

2. Purpose of the Valuation

 

The Revaluation was carried out in accordance with the Group’s accounting policy to determine and ascertain the fair value of the Group’s PPE pursuant to the Malaysian Financial Reporting Standard (“MFRS”) 116: Property, Plant and Equipment and MFRS 136: Impairment of Assets.

 

3. Details of the Properties and Valuation

 

Please refer to the Appendix A as attached.

 

4. Effect on the Net Assets Per Share

 

The Revaluation surplus and Reversal of impairment loss (net of deferred tax) arising from the Revaluation, of approximately RM3.672 million and RM21.351 million respectively has resulted in an increase of net asset per share of JHB from 15.72 sen to 17.86 sen as at 30 April 2025.

 

​5. Documents Available for Inspection

 

The valuation reports of the PPE are available for inspection at the Registered Office of the Company located at 11th Floor, Wisma E&C, No. 2, Lorong Dungun Kiri, Damansara Heights, 50490 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 19 June 2025.

 




Please refer attachment below.



Announcement Info

Company Name JOHAN HOLDINGS BERHAD
Stock Name JOHAN
Date Announced 19 Jun 2025
Category General Announcement for PLC
Reference Number GA1-19062025-00005