KUALA LUMPUR: Seacera Group Bhd posted a net loss of RM102.15mil for the quarter ended March 31, 2019, dragged by impairment of plant, machinery, equipment from the shutdown of its tiles factory of RM23mil, as well as impairment from its subsidiary, SPAZ Sdn Bhd of RM43mil.
In March 2019, the Practice Note 17 (PN17) company disposed of a 60% stake in SPAZ.
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