1. Introduction
Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors ("the Board") of JHB wishes to announce that the Company had undertaken a revaluation exercise ("Revaluation") on the Investment Properties ("IP") held by the Company and its subsidiaries ("the Group").
The Board has approved the incorporation of the fair value loss arising from the Revaluation in the Group's consolidated financial statements for the financial period ended 31 July 2026.
2. Purpose of the Valuation
The Revaluation was carried out in accordance with the Group's accounting policy to determine and ascertain the fair value of the Group's IP pursuant to the Malaysian Financial Reporting Standard ("MFRS") 140: Investment Property.
3. Details of the Properties and Valuation
Please refer to the Appendix A as attached.
4. Effect on the Net Assets Per Share
The Fair value loss arising from the Revaluation of approximately RM0.625 million has resulted in a decrease in the net asset per share of JHB by 0.05 sen from 15.92 sen to 15.87 sen as at 31 July 2026.
5. Documents Available for Inspection
The valuation reports of the IP are available for inspection at the Registered Office of the Company located at 11th Floor, Wisma E&C, No. 2, Lorong Dungun Kiri, Damansara Heights, 50490 Kuala Lumpur during normal office hours from Monday to Friday (except for Public Holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 24 September 2026.