Corporate Integrity Pledge: Plan calls for contractors to sign pledges before starting projects

Early Preparing......A worker carries roofing tiles at a brick-yard in Titiwangsa Lake, Behing isTwin Tower Building. Malaysia a Monsoon country, Heavy rains in the monsoon season have caused floodings and landslides in various Malaysia regions in recent weeks./ Stand alone picture by Art Chen/The Star. (for Metro Used) *** Local Caption *** A worker unloads roof tiles hoisted atop a building under construction near Titiwangsa Lake, Kuala Lumpur, while his co-workers put them in place. In the background is the Petronas Twin Towers. Thunderstorms during the current intermonsoon period have wreaked havoc in various parts of the country, causing floods and landslides in recent weeks. Photo by ART CHEN/ The Star. ********************************************************************************************* Chance for bargain-hunting Analysts say investors should focus on overweight sectors like construction that will see continued growth in capital investment. 20070807 StarBiz Pg5 - Yan The wh

IN a bid to fight corruption, a move is underway to have Class A contractors and corporations sign a Corporate Integrity Pledge (CIP) before taking up projects.

Malaysian Institute of Corporate Governance (MICG) Chairman Tan Sri Megat Najmuddin Megat Khas said that the institute is advocating and encouraging the Government and corporations to implement the adoption of the CIP.