2/10/22, 7:18 PM

Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

NOTICE OF VALUATION OF REAL ASSETS::NOTICE OF VALUATION OF REAL ASSETS

Issuer & Securities

Issuer/ Manager

ELLIPSIZ LTD

Securities

ELLIPSIZ LTD - SG1CA2000000 - BIX

Stapled Security

No

Announcement Details

Announcement Title

Notice of Valuation of Real Assets

Date &Time of Broadcast

10-Feb-2022 19:17:12

Status

New

Announcement Sub Title

Notice of Valuation of Real Assets

Announcement Reference

SG220210OTHR6FV8

Submitted By (Co./ Ind. Name)

Johnie Tan

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Valuation of property owned by a subsidiary, PT Super Makmur Sejahtera. Please refer to the valuation details below.

Additional Details

Valuation Details

Date of

Name of the

Description of Property

Valuation

Valuation

Valuation

Valuer

Currency

Amount

KJPP Willson and

Vacant land plots located at Desa

31/12/2021

Rekan in

Berakit, Kecamatan Teluk Sebong,

Indonesian

255,629,000,000

association with

Kabupaten Bintan, Kepulauan Riau

Rupiah

Knight Frank

Province, Indonesia

Valuation of Reports available for inspection at address during offce hours

2/10/22, 7:18 PM

Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

54 Serangoon North Avenue 4 #05-02 Singapore 555854

Reports available till date

09/05/2022

Additional Information

The valuation amount is equivalent to approximately S$24.2 million based on the exchange rate of S$1:IDR10,543.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Ellipsiz Ltd. published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2022 02:07:01 UTC.