TTVHB

0.195

-0.01 (-4.9%)

Proposed lease of a land known as Plot 81A at Bayan Lepas Industrial Park ("Proposed Lease")

TT VISION HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-28072025-00002
Subject Proposed lease of a land known as Plot 81A at Bayan Lepas Industrial Park ("Proposed Lease")
Description
TT VISION HOLDINGS BERHAD [REGISTRATION NO. 201801011030 (1273046-H)]("TTVHB" OR "COMPANY")
- REPLY TO THE LETTER FROM BURSA MALAYSIA SECURITIES BERHAD DATED 28 JULY 2025
Query Letter Contents

We refer to your Company’s announcement dated 23 July 2025 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1.

Net book value of the Land based on latest audited financial statements of Penang Development Corporation.

2.

A statement whether any valuation was conducted on the Land. If yes, to provide the salient features of the valuation report, and the time and place where such valuation report may be inspected.

3.

Particulars of any guarantees to be assumed by TT Vision Technologies Sdn Bhd/TTVHB, arising from the Proposed Lease.

4.

Expected commencement and completion dates of the development of the new manufacturing facility.

5.

Sources of funds to finance the development cost of the new manufacturing facility.

6.

A statement whether the Proposed Lease is subject to approval of the shareholders of TTVHB.

7.

Estimated time frame for the submissions to the State Authority.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully

Listing

Regulation


Cc : Market Surveillance Dept., Securities Commission

Reference is made to the query letter received by TTVHB from Bursa Malaysia Securities Berhad on 28 July 2025 under the reference no. IQL-28072025-00002 pertaining to Proposed lease of a land known as Plot 81A at Bayan Lepas Industrial Park.

 

Please refer to the attachment for our reply to the query letter from Bursa Malaysia Securities Berhad.

 

This announcement is dated 29 July 2025.



Please refer attachment below.



Announcement Info

Company Name TT VISION HOLDINGS BERHAD
Stock Name TTVHB
Date Announced 29 Jul 2025
Category General Announcement for PLC
Reference Number GA1-28072025-00070