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

 

Issuer & Securities

 

Issuer/ Manager

PAN HONG HOLDINGS GROUP LIMITED

Securities

PAN HONG HOLDINGS GROUP LTD - BMG6900A1163 - P36

Stapled Security

No

 

Announcement Details

 

Announcement Title

Notice of Valuation of Real Assets

Date & Time of Broadcast

26-May-2017 17:57:04

Status

New

Announcement Sub Title

Notice of Valuation of Real Assets

Announcement Reference

SG170526OTHRI7AC

Submitted By (Co./ Ind. Name)

Wong Lam Ping

Designation

Executive Chairman

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

Please refer to the valuation details below for the values of investment properties as at 31 March 2017. The valuation amounts correspond with the carrying value of the investment properties in the financial statements of the group on the year end date.

 

Additional Details

 

Valuation Details

Date of Valuation

Name of the Valuer

Description of Property

Valuation Currency

Valuation Amount

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

32 bicycle spaces of Xinya Jiayuan

Yuan Renminbi

190,000

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

Various retail units on Level 2 of Nanxun Commercial Complex

Yuan Renminbi

5,711,000

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

Various retail units on Levels 1 and 3 of Hongjin Commercial Plaza

Yuan Renminbi

14,592,000

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

Levels1&2 of Block2, Units02to06 on Level1 of Block6, Unit105 on Level1 of Block7 of Sino Harbour Kaixuan Center & a kindergarten of Honggu Kaixuan

Yuan Renminbi

85,487,000

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

Various retails units on Levels 1 to 4 and various office units on Levels 6 to 24 of Sino Harbour Kaixuan Center

Yuan Renminbi

392,539,000

31/03/2017

Jones Lang LaSalle Corporate Appraisal and Advisory Limited

Various retail units on Levels 1 and 2 of Blocks 1 to 3, 6, 7, 9, 10, 11, 12, 35 to 37 of Royal Lake City

Yuan Renminbi

58,728,000

Valuation of Reports available for inspection at address during office hours

Share Transfer Agent"s office at B.A.C.S. Private Limited, 8 Robinson Road #03-00 ASO Building, Singapore 048544

Reports available till date

25/08/2017