The Group recorded profit after tax of RM4.5 million, with contributions primarily from Malaysia Properties and Renewable Energy and Contracting divisions. During the year, the Group sold two pieces of 
contiguous lands in Sepang which contributed RM16.3 million to our profit before tax. 
The start of the Group’s financial year saw the emergence of COVID-19 pandemic. Along with the debilitating virus, there was a slowdown in economic activities, an escalation of trade disputes, commodity fluctuations and political uncertainties. The widespread imposition of travel restrictions, lockdown measures and temporary suspension of business operations to curb the spread of the virus has led to a cautious investor and consumer sentiment amidst an outlook of a global recession.
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