OTHERS AYS VENTURES BERHAD REVALUATION OF NON-CURRENT ASSETS

AYS VENTURES BERHAD

Type Announcement
Subject OTHERS
Description
AYS VENTURES BERHAD
REVALUATION OF NON-CURRENT ASSETS

The Board of Directors of AYS Ventures Berhad (“AYS”) wishes to inform that in line with AYS Group’s revaluation policy on its property, plant and equipment ("PPE") comprising land and buildings ("Properties"), the Board has today approved for the incorporation of the revaluation loss on PPE and revaluation surplus net of deferred taxation on PPE in the profit or loss and other comprehensive income statement amounted to RM1.882 million and RM10.478 million respectively in the financial year ended 31 March 2018.

Details of the announcement is in the attached file.

 




Please refer attachment below.



Announcement Info

Company Name AYS VENTURES BERHAD
Stock Name AYS
Date Announced 22 May 2018
Category General Announcement for PLC
Reference Number GA1-22052018-00048