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associates increased by 24.8%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in
investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in normalized share of profit from investments in power associates. Such
120,000,000 2.95 3. Approved the adjustment to increase the base price for divestment of some certain assets of the Company to be in accordance with the new assessment value as adjusted by the asset appraiser