FIAMMA

1.030

(%)

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:

 

Particular of Properties

 

Valuer

Valuation Date

Revaluation as at 31 December 2025 (RM’000)

Revaluation Surplus (RM’000)

A Single Storey Detached Factory

with Two Storey Office Annexe bearing postal address as Lot

13, Jalan E 1/5, Taman Usaha Ehsan, Kepong, 52100 Kuala Lumpur, Wilayah

Persekutuan Kuala Lumpur.

 

Henry Butcher Malaysia Sdn Bhd

27 November 2025

10,000

1,726

An 11-Storey Office Building with Lower Ground Floor and Accessorised Car Parking Bays identified as Wisma Fiamma, No. 20, Jalan 7A/62A, Bandar Menjalara, 52200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.

 

Henry Butcher Malaysia Sdn Bhd

6 May 2025

47,000

3,172

 

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