BTM

0.030

(%)

Proposed Disposals

BTM RESOURCES BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-18092025-00002
Subject Proposed Disposals
Description
BTM RESOURCES BERHAD ("BTM" OR "COMPANY")

(I) PROPOSED FACTORY BUILDING DISPOSAL; AND

(II) PROPOSED PME DISPOSAL

(COLLECTIVELY, THE "PROPOSED DISPOSALS")
Query Letter Contents

We refer to BTM’s announcement dated 12 September 2025 in respect of the aforesaid matter.

 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1. To elaborate and explain further on the 50% discount applied for the Factory Building’s ancillary floor areas.

 

2. To elaborate and explain further on the 50% depreciation applied to reflect the Factory Building’s physical, economic, and functional obsolescence.

 

3. To explain why the Company had to resort to obtaining advances from Modern Mode Sdn Bhd for its working capital during April and May 2024.

 

4. To state the name of the Valuers who prepared the Valuation Report for the plant, machinery and equipment (“PME”), methodology used and basis for the market value of the PME.

 

5. To state the time and place where the Valuation Reports for the Factory Building and PME may be inspected.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully

 

Listing 

Regulation

c.c. : Market Surveillance Dept., Securities Commission Malaysia (via email)

Reference is made to the Company’s announcement dated 12 September 2025 in relation to the Proposed Disposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

 

The Company wishes to provide additional information in relation to the Proposed Disposals.

 

Please refer to the attachment below for further details on the Proposed Disposals.

 

This announcement is dated 19 September 2025.



Please refer attachment below.



Announcement Info

Company Name BTM RESOURCES BERHAD
Stock Name BTM
Date Announced 19 Sep 2025
Category General Announcement for PLC
Reference Number GA1-19092025-00018