JCY International saves RM600mil


Satisfied executives: (From left) Executive director Peter Lim , non-independent executive director Datuk Ben Tan Shih Leng, Wong and non-independent executive director Roger Goh Chye Kang having a light moment after JCY’s Q4 briefing.

KUALA LUMPUR: JCY International Bhd saved some RM600mil from the years 2002-2012 from being tax exempted and is looking to extend the status for another 10 years.

Speaking to reporters at its fourth quarter results briefing yesterday, finance director Datuk James Wong said the company has been in talks with Malaysia Investment Development Authority (Mida) to renew its tax-exempt status for another 10 years, as its exemption status expires next year.

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