Company Name
:
M N C WIRELESS BERHAD(ACE Market)
Stock Name
:
MNC  
Date Announced
:
02/01/2014


Type
:
Announcement
Subject
:
OTHERS

Description
:
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
- VALUATION OF NON-CURRENT ASSETS

Announcement Details/Table Section :


Further to the Company's announcement on 31 December 2013, the Board of Directors of MNC are pleased to announce that:-

  • the Company's strata properties identified as Parcel Nos. S-3-6, S-3-7 & S-3A-6, Jaya One - Phase 3 Strata Office situated within Jaya One Commercial Centre at No. 72A, Jalan Universiti, 46200 Petaling Jaya, Selangor Darul Ehsan was inspected on 9 December 2013 by Konsortium Perunding Hartanah Sdn. Bhd.; and
  • the material date of valuation was taken as at 31 December 2013 for purposes of incorporating the fair value of the said properties and the revaluation surplus (net of deferred tax) arising therefrom into the financial statements of the Company for the year ended 31 December 2013.

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