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IOI Properties shares continue to fall despite higher profit for Q1

The stock has lost 4 per cent since the cash call made last week to fund Marina Bay land acquisition

Kuala Lumpur

IOI Properties fell five sen to RM2.34 on Wednesday, despite announcing the day before a 64 per cent increase in net profit for the first quarter to end-September.

IOI Properties has lost 4 per cent since it proposed a cash call last week to fund its Marina Bay land

sentifi.com

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