Iris moves to shed its past

Tan: ‘Building houses is not something new to us. We have been building houses since two years ago with our pilot Rimbunan Kaseh project.’

THE stigma of Iris Corp Bhd may be hard to forget. Recall in 2006 when the passport-chip maker was in the crosshairs of the Securities Commission which designated the stock after the speculative frenzy that sent the company’s shares from 8.5 sen to RM1.37 within a few months.

After that episode of relentless regulatory supervision, the stock slipped from the minds of investors.