"The group has expressed interest in exploring global assets to add to its portfolio, but would prioritise improving the efficiency of its local operations first.
The group — comprising KLCCP and KLCC REIT — saw quarterly revenue grow 18.
The group recorded a net profit of RM782.
Moving forward, KLCCP Stapled expects the healthy economic recovery to continue into 2023, supported by the stability of the office segment and the strong footing of its retail and hospitality segments.
The group's largest contributor, the office segment, logged a marginal 0.
KUALA LUMPUR (May 25): KLCCP Stapled Group reported a net profit of RM161.
KUALA LUMPUR (April 12): Petroliam Nasional Bhd (Petronas)-controlled real estate entity KLCCP Stapled Group hopes 2022 will be a better year for the property group, although business is unlikely to return to pre-Covid-19 levels during the year as business recovery from movement restrictions will take time, according to chief executive officer Md Shah Mahmood.
KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.
It wasn’t at the best of times, but that was when opportunity came knocking.
What has the oil and gas (O&G) industry got to do with the property industry? Because that is what the newly-minted CEO of KLCCP Stapled Group Md.
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