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The Hong Leong group is restructuring its building materials division, Tasek Corp Bhd, to transform the cement producer into a regional integrated building materials supplier. It is also rewarding Tasek shareholders with a dividend of 54 sen per share totalling RM99.6mil.
The question of ethics does not arise in bringing Halliburton, the controversial US-based multinational, to invest in Malaysia, said Iskandar Regional Development Authority chief executive officer Datuk Ikmal Hijaz Hashim.
Iskandar Malaysia (formerly known as Iskandar Development Region) will appoint a team of local and foreign experts to come up with a blueprint on security for the area, said Iskandar Regional Development Authority (IRDA) chief executive officer Datuk Ikmal Hijaz Hashim.