Amcorp Properties
How their buildings read
1 poor, 1 good
Outcomes still vary building by building. Check the building, not the brochure.
What we found
Amcorp Properties made a larger net loss in the first quarter of its 2022 financial year (results reported 14 September 2021) even though revenue rose. The company put this down to a smaller contribution from its overseas property division, after the same quarter a year earlier had included the sale of a London penthouse.
The evidence
Corporate continuity
NegativeAmcorp Properties Bhd was taken private through a selective capital reduction that paid shareholders RM0.90 a share, and its shares stopped trading on the Main Market of Bursa Malaysia from 11 November 2021 ahead of its delisting.
One more finding
Amcorp Properties Berhad describes itself as a member of Amcorp Group Berhad.
