Valuation of assets

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..... e investment manager within two months from the end of the financial year: Provided that in case of any material development that may have an impact on the valuation of the assets of the scheme of the SM REIT, the investment manager shall require the valuer to undertake full comprehensive valuation of the property under consideration within two months from the date of such event. (2) The investmen .....

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..... disclosed to the recognized stock exchanges based on the latest valuation report as on March 31st and upon occurrence of any material development. (6) The investment manager shall submit the valuation reports to the trustee, designated stock exchanges and unit holders within one working day from the receipt of such valuation reports. (7) Prior to any issue of units to the public and any other issu .....

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..... manager shall require the valuer to undertake a full comprehensive valuation of that property. (10) The investment manager shall ensure that the valuer does not value any assets, which it has valued within the preceding twelve months prior to the acquisition of the asset by the scheme of the SM REIT. Explanation. For the purposes of this sub-regulation, it is hereby clarified that nothing in this .....

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