Ipmuda diversifying into healthcare and energy

Ipmuda"s executive chairmab Beros Nikmal Mirdin told StarBiz: Essentially, we are strengthening the foundation of the business to ensure that once the construction sector recovers, the group is ready to catch the recovery tailwind.

PETALING JAYA: Ipmuda Bhd, which is principally involved in the trading of building materials, is diversifying into the healthcare and renewable energy (RE) segments to seek new opportunities and turn the group around.

Given the challenging operating environment and the group’s relatively fragile financial position, executive chairman Beroz Nikmal Mirdin said Ipmuda has designed a turnaround programme to emphasise “two distinct imperatives.”