Golden Land publishes 2026 annual report
Bitget2026/10/28 03:31- Golden Land returned to profit in fiscal 2026, mainly driven by gains from selling two Indonesian plantation subsidiaries.
- The plantation disposals completed July 14, 2025, for RM 148.98 million; fresh fruit bunch production fell 34.1%.
- Property development activity slowed as D'Sini Residences reached completion; the fully sold project delivered vacant possession on March 30, 2026.
- Sabah expansion included The Playground @ Sembulan launch on June 14, 2026, followed by the Likas land acquisition on July 14, 2026.
- The board recommended no dividend for the year to preserve financial resources.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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