“The increase in the fair value charge to RM89.72 million in 2016 compared to RM73.51 million in 2015 has also contributed to the decrease in the result from this segment. Excluding the land lease agreement (LLA) effect, the segment's profit reduced from RM71.94mil to a loss of RM10.83mil,” it said.
* See also FGV expects better results this year by being more efficient
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!