The Board of Directors of OKP Holdings Limited ("the Company") wishes to announce that PREMAS International Limited has conducted a desk-top valuation for the following properties of the Group and the main particulars of the valuation reports dated 23 February 2004 are as follows:-
Description of properties |
Location |
Valuation |
A unit in Tagore Industrial Building | 6 Tagore Drive #B1-06 Tagore Industrial Building Singapore 787623 |
$1,200,000 |
A unit in Tagore Industrial Building | 6 Tagore Drive #B1-05 Tagore Industrial Building Singapore 787623 |
$1,000,000 |
A 10th storey apartment in a 15-storey block in The Huntington | 190 Moulmein Road #10-03 The Huntington Singapore 308095. |
$870,000 |
Total |
$3,070,000 |
The valuation reports for the above properties are available for inspection at 6 Tagore Drive #B1-06 Tagore Industrial Building Singapore 787623 during normal business hours for three months from the date of this announcement.