In the absence of any completion of properties in London, the Group recorded a profit before tax of RM32 million for the financial year ended 31 March 2017. This was mainly derived from our Malaysia Properties in particular Sibujaya, Sarawak and Kayangan Heights, Shah Alam and contributions from our joint venture in Japan. The two major and active developments in London namely Holland Park Villas and Burlington Gate are scheduled for completion before December 2017 and profits will be recognised in the coming financial year ending 31 March 2018. 



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For the financial year 2017, the Board has recommended a final dividend of 3 sen per ordinary share totalling RM18 million, to be approved by shareholders at the forthcoming Annual General Meeting. The Company has also in October 2016 paid out preferential dividend of 2 sen per redeemable convertible preference share amounting to RM5 million.
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