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Affin buys land in TRX for RM255 mil to house new HQ

According to Affin Bank managing director and chief executive officer Kamarul Ariffin Mohd Jamil, the purchase price of RM255 million means that the price per gross floor area would be RM309.67 per sq ft, while the plot ratio will be 15.2 times

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Gadang up 6.8% on strong 2Q earnings

Yesterday, Gadang posted a 57% jump in net profit to RM27.91 million in the second quarter ended Nov 30, 2016, from RM17.72 million a year earlier, on better margins from construction activities and higher contributions from the property segment.

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