Malaysia Pacific Corporation Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported revenue of MYR 3,363,000 against MYR 2,873,000 a year ago. Loss from operations was MYR 820,000 against MYR 1,058,000 a year ago. Loss before tax was MYR 6,416,000 against MYR 3,471,000 a year ago. Loss attributable to owner of the parent was MYR 6,476,000 or 2.25 sen per basic share against MYR 2,523,000 or 0.88 sen per basic share a year ago. The higher revenue is mainly due to the higher occupancy rate and car park collection for the period under review. Loss before taxation was higher than the corresponding financial period largely due to higher borrowing and finance costs recorded during the current financial period under review. For the nine months, the company reported revenue of MYR 9,697,000 against MYR 11,234,000 a year ago. Loss from operations was MYR 2,526,000 against MYR 2,148,000 a year ago. Loss before tax was MYR 15,356,000 against MYR 9,213,000 a year ago. Loss attributable to owner of the parent was MYR 15,534,000 or 5.40 sen per basic share against MYR 7,567,000 or 2.63 sen per basic share a year ago. Net cash flows used in operating activities was MYR 5,759,000 against MYR 4,422,000 a year ago. Development expenditure incurred in property development costs was MYR 396,000 against MYR 1,087,000 a year ago.

Malaysia Pacific Corporation Berhad reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported revenue of MYR 3,226,000 against MYR 5,178,000 for the same period last year. The lower revenue was mainly due to the lower occupancy rate for the period. Loss from operations was MYR 621,000 against MYR 180,000 for the same period last year. Loss before tax was MYR 3,711,000 against MYR 2,522,000 for the same period last year. Loss attributable to owner of the parent was MYR 3,770,000 or 1.31 sen per basic share against MYR 2,220,000 or 0.77 sen per basic share for the same period last year. For the year, the company reported revenue of MYR 6,334,000 against MYR 8,361,000 for the same period last year. Loss from operations was MYR 1,706,000 against MYR 1,090,000 for the same period last year. Loss before tax was MYR 8,940,000 against MYR 5,742,000 for the same period last year. Loss attributable to owner of the parent was MYR 9,058,000 or 3.15 sen per basic share against MYR 5,044,000 or 1.75 sen per basic share for the same period last year. Net cash flows used in operating activities were MYR 2,027,000 against MYR 444,000 for the same period last year. Development expenditure incurred in property development costs were MYR 396,000 against MYR 945,000 for the same period last year.

Malaysia Pacific Corporation Berhad announced the resignation of Datuk Ramly bin Ahmad as Executive Director, effective from February 5, 2013.