Gromutual to continue investing in Iskandar and Malacca

Gromutual Bhd director Ben Teo Yu Hang (left) with deputy managing director Chew Kwee Hiok at the AGM. - ZAZALI MUSA /THE STAR

JOHOR BARU: Gromutual Bhd will continue to increase its investment portfolios in Iskandar Malaysia and Malacca for rental collections as the investments generate steady income for the company.

Deputy managing director Chew Kwee Hiok said the strategy was in line with the company’s objective to strengthen less volatile and more consistent recurring income streams.