VALUATION ON NON-CURRENT ASSETS
Pursuant to Paragraph 9.19(46) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors (“the Board”) of PIE wishes to announce that Pan-International Electronics (Malaysia) Sdn Bhd (“PIM”) and Pan-International Electronics (Thailand) Co., Ltd, (“PIT”), the wholly-owned sudsidiaries of the Company have carried out valuation exercises on their Properties (“the Valuations”).
Please refer to the attachment for the full announcement.
This announcement is dated 22 March 2021.