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Valuation Of The Group's Properties As At 31 December 2021

BackFeb 15, 2022
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Feb 15, 2022 18:21
Status New
Announcement Sub Title VALUATION OF THE GROUP'S PROPERTIES AS AT 31 DECEMBER 2021
Announcement Reference SG220215OTHRHWWN
Submitted By (Co./ Ind. Name) Mr. Yet Kum Meng
Designation Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below) Please refer to the attached file.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
31/12/2021 Colliers International Japan KK Hikari Heights Varus Kotoni Yen 6,209,000,000
31/12/2021 Colliers International Japan KK Hikari Heights Varus Makomanai- Koen Yen 4,475,000,000
31/12/2021 Colliers International Japan KK Elysion Mamigaoka, Elysion Mamigaoka Annex Yen 2,390,000,000
31/12/2021 Colliers International Japan KK Varus Cuore Sapporo-Kita Yen 1,823,000,000
31/12/2021 Colliers International Japan KK Varus Cuore Sapporo-Kita Annex Yen 1,024,000,000
31/12/2021 Colliers International Japan KK Hikari Heights Varus Fujino Yen 1,574,000,000
31/12/2021 Colliers International Japan KK Elysion Gakuenmae Yen 1,590,000,000
31/12/2021 Colliers International Japan KK Orchard Kaichi North Yen 1,297,000,000
31/12/2021 Colliers International Japan KK Varus Cuore Yamanote Yen 1,007,000,000
31/12/2021 Colliers International Japan KK Orchard Amanohashidate Yen 939,000,000
31/12/2021 Colliers International Japan KK Hikari Heights Varus Ishiyama Yen 844,000,000
31/12/2021 Colliers International Japan KK Hikari Heights Varus Tsukisamu-Koen Yen 636,000,000
31/12/2021 Colliers International Japan KK Orchard Kaichi West Yen 405,000,000
31/12/2021 Jones Lang LaSalle Corporate Appraisal and Advisory Limited Dujiangyan, Chengdu Yuan Renminbi 27,700,000
31/12/2021 Savills Real Estate Valuation (Guangzhou) Ltd Wuxi New Districts Phoenix Hospital Yuan Renminbi 112,000,000
31/12/2021 Raine & Horne International Zaki + Partners Sdn Bhd. Mixed Commercial Development Land at Kuala Lumpur, Malaysia Malaysian Ringgit 128,000,000
Valuation of Reports available for inspection at address during office hours 6 Shenton Way, #10-09A, OUE Downtown 2, Singapore 068809
Reports available till date 14/05/2022
Additional Information The value of the property "Wuxi New Districts Phoenix Hospital" consists the aggregate value of 1) Land allocated to lease prepayment: RMB 36,000,000; and 2) Investment properties under development: RMB 76,000,000.

Attachments

  1. Attachment 1 (Size: 151,333 bytes)