TAIPEI: Electronic equipment maker Rectron plans to sell its 51 per cent stake in a Malaysian property development company, says a company official. While seeking a buyer for the stake in Rectron Property Holdings, the company also planned to transfer some production from a wholly owned Malaysian subsidiary to China because of rising wages in Malaysia, the official said. Rectron's sales in the first quarter fell 33 per cent on the year to NT$163 million (about HK$47 million). The head of MBf Capital, one of Malaysia's largest non-bank financial groups, reported a 23 per cent rise in net profit for the half-year to June 30 - and lashed out at fund managers who have shunned the stock. ''It's not a question of whether they like me or I like them,'' Loy Hean Heong said after disclosing that MBf's net profit jumped to M$66.3 million (about HK$198.9 million) in the first half. ''If we continue to produce this kind of bottom-line and fund managers don't buy our shares, their bosses will ask why,'' he said. MBf Capital, the financial arm of MBf Holdings, also recorded a rise in group pre-tax profit to $90.4 million from $80.9 million.