KUALA LUMPUR: Selangor PROPERTIES [] Bhd share price fell four sen to RM3.22 with 5,000 shares traded at 9.20am on Tuesday, June 22 after it posted net loss of RM25.62 million in the second quarter ended April 30, 2010.
The result was due to a foreign exchange loss of RM38.8 million as the ringgit strengthened against the Singapore dollar, US dollar and Australian dollar.
It said on Monday that the net loss was lower than the RM38.6 million a year ago when it was affected by the provision for impairment loss on its investment in real estate funds.
The result was due to a foreign exchange loss of RM38.8 million as the ringgit strengthened against the Singapore dollar, US dollar and Australian dollar.
It said on Monday that the net loss was lower than the RM38.6 million a year ago when it was affected by the provision for impairment loss on its investment in real estate funds.
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