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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petards Group Plc | LSE:PEG | London | Ordinary Share | GB00B4YL8F73 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.50 | 7.00 | 8.00 | 7.50 | 7.50 | 7.50 | 25 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Systems Service | 9.42M | -1.05M | -0.0173 | -4.34 | 4.55M |
RNS Number:7739Q Petaling Tin Berhad 31 January 2002 Valuation of Fixed Assets 1. Introduction Petaling Tin Berhad ("PTB") wishes to announce that a valuation exercise has been conducted on the following assets to assess the carrying value of the following assets to comply with the Malaysian Accounting Standards Board ("MASB") 23 in respect of Impairment of Assets:- a. plant and machinery belonging to PTB Clay Products Sdn Bhd ("PTBCP"), a wholly owned subsidiary of PTB, located at Tempat of Seri Cheeding, Mukim of Tanjong Duabelas, State of Selangor Darul Ehsan ("Plant & Machinery"); and b. a detached factory belonging to PTBCP ("Building") and vacant land belonging to PTB ("Land"), both located and held within H.S. (M) 2377 (P.T. 548) & H.S. (M) 2376 (P.T. 547), Tempat of Seri Cheeding, Mukim of Tanjong Duabelas, State of Selangor Darul Ehsan. 2. Approvals The valuation is not subject to the approval of the Securities Commission or any other relevant authorities. 3. Value placed on the assets by the Valuer & Revaluation Surplus/(Deficit) Land Building Plant & Machinery RM RM RM Net Book Value as at 2.00 4,862,985.00 9,733,531.00 31.10.2001 Value placed by Valuer 2,200,000.00 4,200,000.00 9,500,000.00 Estimated Revaluation 2,199,998.00 (662,985.00) (233,531.00) Surplus/(Deficit) Impairment loss Not Applicable 600,000.00 200,000.00 recognised in the financial statements for the year ended 31.10.2001 4. Effect on the Net Tangible Assets ("NTA") per share of the Group The impairment loss which will be incorporated in the audited financial statements for the year ended 31 October 2001 will not have any material effect on the NTA per share of the Group. 5. Name of Valuer The valuer engaged for the said valuation exercise was Messrs Henry Butcher, Lim & Long Sdn Bhd. 6. Date of Valuation The dates of valuations are 25 January and 28 January 2002 for the valuation of the plant & machinery and land & building respectively. This information is provided by RNS The company news service from the London Stock Exchange
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