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KUALA LUMPUR, 1 Feb (Bernama) -- Cross-border QR Payments between Malaysia-Thailand and Malaysia-Indonesia are now available, enabling convenient instant payments using just mobile phones.
Further to the joint announcement between central banks of Malaysia and Thailand in June 2021, and the joint announcement between the central banks of Malaysia and Indonesia on 27 January 2022, Payments Network Malaysia Sdn Bhd (PayNet) is pleased to announce:
Quarter Four, 2021 vs Quarter Four, 2020 Performance
KLCCP Stapled Group finished the year with its best performance for the quarter which saw the Group’s retail and hotel segments rebound, following the transition to Phase 3 and subsequently Phase 4 of the National Recovery Plan in October 2021. The Group posted revenues of RM348.2 million, higher by 14.3% and PBT rose to RM64.0 million compared to a loss of RM44.7 million in the corresponding quarter of 2020.
The office segment anchored by its long-term Triple Net Lease agreements registered a revenue increase to RM145.4 million during the quarter while PBT soared to RM117.4 million from RM32.7 million compared to quarter four, 2020. This was mainly attributed to lower finance cost and minimal impairment recorded on the Phase 3 Redevelopment of Kompleks Dayabumi.