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July 30, 2015 1:01 AM ET

Real Estate Management and Development

Company Overview of Titijaya Land Berhad

Company Overview

Titijaya Land Berhad, an investment holding company, engages in the property development activities in Malaysia. It develops service apartments, office suites, and retail/shop offices in Puchong South; courtyard villas and semi-detached villas in Kemensah; green villas and condominium in Subang Jaya; industrial park in the Klang Valley; boulevard shop/offices in Klang Sentral; and semi-detached factories in North Klang. The company was formerly known as Meridian Flagship Berhad and changed its name to Titijaya Land Berhad in August 2012. The company was incorporated in 2012 and is headquartered in Subang Jaya, Malaysia. Titijaya Land Berhad is a subsidiary of Titijaya Group Sdn Bhd.

Penthouse

N-16-01, Level 16

First Subang

Jalan SS15/4G

Subang Jaya,  47500

Malaysia

Founded in 2012

Phone:

60 3 8022 9999

Fax:

60 3 8022 9888

Key Executives for Titijaya Land Berhad

Titijaya Land Berhad does not have any Key Executives recorded.

Titijaya Land Berhad Key Developments

Titijaya Land Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Titijaya Land Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported revenue of MYR 120,240,000 compared to MYR 62,527,000 a year ago. Profit before taxation was MYR 30,835,000 compared to MYR 25,135,000 a year ago. Profit attributable to owners of the parent was MYR 21,455,000 or MYR 5.75 per diluted share compared to MYR 18,421,000 or MYR 4.93 per diluted share a year ago. The group's current quarter revenue has increased by MYR 57, 713 million or 92.30% as compared to the preceding year corresponding quarter. The increase is mainly due to contribution from property development projects, Sri Alam Phase I and II, and Zone Innovation. For the nine months, the company reported revenue of MYR 274,159,000 compared to MYR 201,033,000 a year ago. Profit before taxation was MYR 87,446,000 compared to MYR 70,681,000 a year ago. Profit attributable to owners of the parent was MYR 62,600,000 or MYR 16.82 per diluted share compared to MYR 51,239,000 or MYR 15.55 per diluted share a year ago. Net cash generated from operating activities was MYR 107,266,000 compared to net cash used in operating activities was MYR 35,115,000 a year ago. Purchase of property, plant and equipment was MYR 351,000 compared to MYR 268,000 a year ago.

Titijaya Land Berhad, Special/Extraordinary Shareholders Meeting, May 27, 2015

Titijaya Land Berhad, Special/Extraordinary Shareholders Meeting, May 27, 2015., at 10:00 Singapore Standard Time. Location: Concorde II, Level 2, Concorde Hotel Shah Alam. Agenda: To consider on proposed acquisition by City Meridian Development Sdn Bhd, a wholly-owned subsidiary of Titijaya, of a parcel of leasehold land held under PN 4022, lot No. 12174, Mukim 12, Daerah Barat Daya, Pulau Pinang (land) from Titijaya Group Sdn Bhd for cash consideration of MYR 126,000,000.

Titijaya Land Berhad, Special/Extraordinary Shareholders Meeting, May 27, 2015

Titijaya Land Berhad, Special/Extraordinary Shareholders Meeting, May 27, 2015., at 11:00 Singapore Standard Time. Location: Concorde II, Level 2, Concorde Hotel Shah Alam. Agenda: To consider on proposal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and to consider on proposal of authority for the company to purchase its own shares.

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To contact Titijaya Land Berhad, please visit www.titijaya.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

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