OTHERS FIAMMA HOLDINGS BERHAD ("FIAMMA" OR "THE COMPANY") - REVALUATION OF NON-CURRENT ASSETS
| FIAMMA HOLDINGS BERHAD |
| Type | Announcement | |||||||||||||||
| Subject | OTHERS |
|||||||||||||||
| Description | FIAMMA HOLDINGS BERHAD ("FIAMMA" OR "THE COMPANY")
- REVALUATION OF NON-CURRENT ASSETS |
|||||||||||||||
|
Pursuant to Paragraph 9.19 (46) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad, the Board of Directors of Fiamma (“Board”) wishes to announce that Fiamma and its subsidiaries (“the Group”) had undertaken a revaluation exercise on the properties of the Group for the financial year ended 31 December 2025 (“Revaluation”).
The Board had approved the incorporation of the revaluation surplus arising from the Revaluation and this will be appropriately reflected in the Group’s financial results for the financial year ended 31 December 2025.
The Revaluation was carried out to reflect the market value of the properties to the unaudited financial statements of the Group for the financial year ended 31 December 2025. This Revaluation is in compliance with Malaysian Financial Reporting Standards.
The details of the properties are as follows:
The total Revaluation Surplus of RM3.780 million (net of deferred tax) has resulted in an increase in the net assets per share of the Group by RM0.0071 to RM1.4669 as at 31 December 2025.
The valuation reports of the properties are available for inspection at the registered office of the Company at E-10-4, Megan Avenue 1, 189, Jalan Tun Razak, 50400 Kuala Lumpur between 9.00 a.m. and 6.00 p.m. from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.
This announcement is dated 24 February 2026. |
||||||||||||||||
Announcement Info
| Company Name | FIAMMA HOLDINGS BERHAD |
| Stock Name | FIAMMA |
| Date Announced | 24 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23022026-00015 |