Malaysia Pacific Corp losses widen in Q4


In a filing with Bursa Malaysia yesterday, the company said the losses were due to impairment of receivables and the provision of finance costs claimed by the purchaser of Wisma MPL, who paid the full settlement on behalf of the company to RHB Bank Bhd.

PETALING JAYA: Malaysia Pacific Corp Bhd (MPCB) has reported a wider net loss of RM6.63mil in its fourth quarter ended June 30 from RM4.84mil a year earlier.

In a filing with Bursa Malaysia yesterday, the company said the losses were due to impairment of receivables and the provision of finance costs claimed by the purchaser of Wisma MPL, who paid the full settlement on behalf of the company to RHB Bank Bhd.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysia Pacific Corp , losses , widen , Q4 , Bursa , Wisma MPL

Next In Business News

Official reserve assets total US$124bil, says BNM
Pakistan’s growth in September quarter slows
NCT Alliance gets nod for acquisition
Nor Zahidi continues as MPC member
Semico’s FY26 to FY27 revenue expected to grow�
Malaysia Smelting appoints two co-group CEOs�
LFE Corp secures RM11.5mil job
India�imposes three-year steel tariff to support local industry
Kelvin Tan reappointed Innoprise MD
Jasrinderjit Singh is new Lagenda CEO

Others Also Read