Valuation

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10.18

In an acquisition or disposal of a manufacturing corporation by a listed issuer, a revaluation on all the manufacturing corporation's lands, plant and machinery for the purpose of determining the purchase consideration of the said corporation has been carried out. In this situation, is a submission of a valuation report to Bursa Securities required?

​Pursuant to paragraph 10.04 of the Main LR, a valuation report only needs to be submitted for the real estate. The listed issuer need not submit a valuation report on the plant and machinery.