PETALING JAYA: MRCB-Quill real estate investment trust (MQREIT) posted a loss of RM24.38mil for the fourth quarter ended Dec 31,2019, compared to a net profit of RM8.05mil a year ago.
The company said it fell into the red due to lower income from its properties as well as a RM36.73mil fair value loss for its investment properties across the Klang Valley and Penang.
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