Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors (“Board”) of MUIB wishes to announce that the Board had on 30 August 2023 approved the incorporation of the revaluation surplus arising from a revaluation exercise (“Revaluation”) on the land and buildings (“Properties”) of MUIB and its subsidiaries (“MUIB Group”) classified under property, plant and equipment in the fourth quarter of the unaudited consolidated financial statements of the Company for the financial year ended 30 June 2023. Please refer to the attachment for further information.
This announcement is dated 30 August 2023.