“Our plantation business will definitely show a year-on-year improvement in terms of operating profit, excluding any unrealised foreign gains or losses.

“Its contribution to the group’s revenue and profit will increase, but it might not overtake that of our property and construction segment just yet,” said Chen.

Property King Tan Sri Eddy Chen can improve MKH and PR1MA with his experiences and portfolio.

KUALA LUMPUR: MKH Bhd managing director Eddy Chen has been appointed as chairman of 1Malaysia People’s Housing Programme (PR1MA).

In a statement today, the Prime Minister’s Office said Chen’s appointment takes effect tomorrow, 1st October 2018.

With over three decades of experience in the real estate industry, Chen takes over from Alies Nor Abdul, who resigned on 1st June 2018.

Their property is doing so-so compared to market. Their plantation is doing better compared to market. Why not list the plantation as standalone unit?