KUALA LUMPUR (Jan 27): KLCC Stapled Group posted its first ever quarterly net loss on record after impairment and fair value changes on investment properties weighed on its financials. It posted a net loss of RM41.84 million for the fourth quarter ended Dec 31, 2020 (4QFY20), compared with a net profit of RM156.66 million in the preceding quarter and a net profit of RM244.41 million in 4QFY19. In a filing today, the stapled security, which includes KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), attributed the loss to a fair value loss on investment properties of RM142.34 million and an RM81.4 million impairment of its ongoing development of Kompleks Dayabumi Phase 3.