SINGAPORE (Feb 26): Sinarmas Land, the property arm of Indonesia's Sinarmas Group, reported 4Q earnings dipped 74.9% to $58.6 million, mainly due to the absence of land sales for its Indonesia division and the one-off exceptional gain of $109.4 million from the divestment of Orchard Towers by its International division in FY17. Total earnings for FY18 fell 66.4% to $119 million.

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