Benalec confident of raising enough cash internally for project

PETALING JAYA: Benalec Holdings Bhd is confident it can generate enough cash internally to fund the reclamation works of the massive Tanjung Piai Maritime Industrial Park (TPMIP) project in Johor.

Having reclaimed more than 2,400 acres in Malacca, group managing director and CEO Datuk Vincent Leaw Seng Hai said the firm had to date monetised most of its reclaimed land and was seeing the fruit of its labour.