Share
KUALA LUMPUR (May 23): MK Land Holdings Bhd fell 6.35% in early trade this morning after its wholly-owned subsidiary Saujana Triangle Sdn Bhd was been slapped with income taxes and penalty worth RM80.77 million by the Inland Revenue Board (IRB) for assessment years 2009-2011 and 2013.
The group — the third company troubled by IRB this month — said it disagrees with the decision, and will appeal accordingly.
At 9.10am, MK Land fell 2 sen to 29.5 sen with 3.76 million shares traded. — theedgemarkets.com
For more stories, download TheEdgeProperty.com pullout here for free.
.jpg?NwofudRrglwzEZaDYk9d0.bCdaGAsHfZ)
