I&P makes strategic shift in focus


  • Business
  • Saturday, 01 May 2004

ISLAND & Peninsular Bhd (I&P) will shift direction by going big into high-end integrated commercial and residential property projects both locally and abroad as part of its efforts to boost future earnings, said managing director Dr Radzuan Abdul Rahman. 

The move would also make up for the loss of contribution from its plantation division, which will be taken over by Golden Hope Plantations Bhd after the formalisation of an assets swap. 

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