Valuation of assets

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....s its report to the 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 ....

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....lations. (5) The net asset value of each scheme shall be required to be declared and 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 fr....

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.... elapsed from the date it ceases to be the valuer of the SM REIT. (9) For any purchase of a new property or sale of an existing property, the investment 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....