Examples of Initial Valuation Report in a sentence
The change in pre-tax discount rates over the Initial Valuation Report and the 2014/15 Valuation Report reflected the change in market risk premium over the two different valuation dates.
The changes in the methodology for the 2014/15 Valuation Report, as compared with the Initial Valuation Report, are more particularly set out in paragraphs (b) and (c) below.
In both the Initial Valuation Report and the 2014/15 Valuation Report, the discounted cash flow method under the income approach was adopted.
According to the Initial Valuation Report and the Valuation Report, the Independent Valuer is of the opinion that the Koastal Group’s valuation as at 31 January 2015 was US$143.1 million (approximately S$192.8 million5) and the Koastal Group’s valuation as at 30 April 2015 was US$144.6 million (approximately S$194.9 million5).
The Initial Valuation Report was commissioned by the Koastal Group and issued on 15 April 2015, while the Valuation Report was commissioned by the Company and issued on 9 July 2015.