Johan Holdings Berhad (the "Company" or "JHB") - Revaluation of Properties

Johan Holdings Berhad (the "Company" or "JHB") - Revaluation of Properties

JOHAN HOLDINGS BERHAD ("JOHAN" OR THE "COMPANY") DISPOSAL BY PRESTIGE ASSETS SDN BHD (FORMERLY KNOWN AS PRESTIGE CERAMICS SDN BHD) ("PASB" OR THE "VENDOR") OF A PIECE OF FREEHOLD LAND MEASURING APPROXIMATELY 112,396 SQUARE METRES, HELD UNDER GRN 150651, LOT NO. 1115, BATU 15, JALAN PUCHONG, 47100 PUCHONG, SELANGOR DARUL EHSAN TO ASPECT POTENTIAL SDN BHD ("PURCHASER"), FOR A TOTAL DISPOSAL CONSIDERATION OF RM127,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH AND PAYMENTS IN KIND ("DISPOSAL")

SUPPLEMENTAL AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL BY PRESTIGE ASSETS SDN BHD, A WHOLLY-OWNED SUBSIDIARY COMPANY OF JHB OF A PIECE OF FREEHOLD LAND MEASURING APPROXIMATELY 112,396 SQUARE METRES, HELD UNDER GRN 150651, LOT NO. 1115, BATU 15, JALAN PUCHONG, 47100 PUCHONG, SELANGOR DARUL EHSAN ("PROPERTY") TO ASPECT POTENTIAL SDN BHD, FOR A TOTAL DISPOSAL CONSIDERATION OF RM127,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH AND PAYMENTS IN KIND ("PROPOSED DISPOSAL")