Pursuant to paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Ni Hsin wishes to announce that Ni Hsin and its subsidiaries ("the Group") has carried out a revaluation exercise on its properties in compliance with Malaysian Financial Reporting Standards 116 as well as the Group’s Revaluation Policy.
The details of the Announcement is attached.
This Announcement is dated 15 February 2017.