JMR to turn property development into core business

Group managing director Dennis Chung Vui Ming told StarBiz after an AGM that the group planned to monetise the 90-acre land bank it owned in Seberang Prai.

GEORGE TOWN: JMR Conglomeration Bhd is focused on turning the group’s property development segment into the group’s core business.

Presently, the group’s asphaltic concrete plants in Juru and Langkawi generate 70% of JMR’s revenue, while the property division contributes the remainder.