KUALA LUMPUR (March 13): MTAG Group Bhd has incorporated a new subsidiary named MTAG Land Sdn Bhd (MLSB) yesterday.

In a bourse filing today, the company said the subsidiary will undertake property and investment holdings, besides manufacturing industrial products.

The directors of MLSB are Chaw Kam Shiang and Lau Cher Liang.

“The incorporation will not have any material effect on the earnings per share, net assets per share and gearing of the MTAG Group for the financial year ending June 30 2020,” it said.

At the midday break, MTAG shares fell four sen or 12.12% to 29 sen, giving it a market capitalisation of RM194.26 million.

Click here to see residential properties for sale in Kuala Lumpur.

Click here for more property stories.

SHARE
SPONSORED CONTENT
Find your urban oasis at Bamboo Hills Residences, KL's premier TOD

With an MRT station just steps away and within a short drive to the CBD, Bamboo Hills Residences is positioned as a desirable home not just for own-stay but also for investment with a potentially high yield.

read more
RELATED POSTS
  1. JS-SEZ positively impacts property sales in Johor — exco
  2. Rehda Institute’s CEO Series 2025: Economist forecasts continued stable OPR, boosting property market
  3. Rahim & Co: Steady growth amid cautious sentiment for Malaysian property sector in 2025
TOP PICKS BY EDGEPROP
SALE
FEATURED
Title

Crescent Bay Suites

Johor Bahru, Johor

by MAX LAM
RM 410,000
2 beds | 2 bath | 799 sqft
RENT
FEATURED
Title

MIRA @ Shorea Park

Puchong, Selangor

by GRACE TEO
RM 1,900
4 beds | 2 bath | 1011 sqft
SALE
FEATURED
Title

Zeva Residence

Seri Kembangan, Selangor

by ERIC LAU CHING LUNG
RM 360,000
2 beds | 2 bath | 881 sqft
SALE
FEATURED
Title

The Havre

Bukit Jalil, Kuala Lumpur

by ERIC LAU CHING LUNG
RM 585,000
3 beds | 3 bath | 1023 sqft
SALE
FEATURED
Title

Zeva Residence

Seri Kembangan, Selangor

by ERIC LAU CHING LUNG
RM 460,000
2 beds | 2 bath | 1020 sqft
SALE
FEATURED
Title

Univ360 Place

Serdang, Selangor

by ERIC LAU CHING LUNG
RM 310,000
Studio | 1 bath | 500 sqft
SALE
FEATURED
Title

Bandar Botanic

Bandar Botanic/Bandar Bukit Tinggi, Selangor

by KELLY TEO
RM 920,000
5 beds | 3 bath | 2500 sqft
SALE
FEATURED
Title

Bukit Kemuning Industrial Park

Shah Alam, Selangor

by KELLY TEO
RM 7,800,000
- beds | 4 bath | 8468 sqft
SALE
FEATURED
Title

Bandar Bukit Tinggi

Bandar Botanic/Bandar Bukit Tinggi, Selangor

by KELLY TEO
RM 768,000
4 beds | 4 bath | 2200 sqft
SALE
FEATURED
Title

Bandar Botanic

Bandar Botanic/Bandar Bukit Tinggi, Selangor

by KELLY TEO
RM 1,280,000
4 beds | 3 bath | 3000 sqft
RENT
FEATURED
Title

Bandar Rimbayu

Telok Panglima Garang, Selangor

by Miki You
RM 1,700
4 beds | 4 bath | 2216 sqft
RENT
FEATURED
Title

Bandar Rimbayu

Telok Panglima Garang, Selangor

by Miki You
RM 1,600
3 beds | 3 bath | 1553 sqft
RENT
FEATURED
Title

Chimes @ Bandar Rimbayu

Telok Panglima Garang, Selangor

by Miki You
RM 4,000
5 beds | 5 bath | 2605 sqft
RENT
FEATURED
Title

Chimes @ Bandar Rimbayu

Telok Panglima Garang, Selangor

by Miki You
RM 1,700
4 beds | 4 bath | 2179 sqft
RENT
FEATURED
Title

Chimes @ Bandar Rimbayu

Telok Panglima Garang, Selangor

by Miki You
RM 2,000
4 beds | 4 bath | 2179 sqft
SALE
FEATURED
Title

Taman D'Impian Tropika

Balakong, Selangor

by IVAN LIM
RM 950,000
5 beds | 4 bath | sqft
SALE
FEATURED
Title

Taman Bukit Cheras

Cheras, Kuala Lumpur

by IVAN LIM
RM 950,000
4 beds | 3 bath | 2000 sqft
SALE
FEATURED
Title

CloutHaus Residences

KLCC, Kuala Lumpur

by JEFFREY CHIA
RM 1,493,800
1 beds | 1 bath | 549 sqft
SALE
FEATURED
Title

Parkside Residence @ Setia Federal Hill

KL City, Kuala Lumpur

by JEFFREY CHIA
RM 801,000
1 beds | 1 bath | 485 sqft
SALE
FEATURED
Title

Forest Heights

Seremban, Negeri Sembilan

by CK NG
RM 650,000
4 beds | 3 bath | 2200 sqft