Ireka Corp Bhd moves to grow property segment contribution to group

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Ireka Corp Bhd moves to grow property segment contribution to group

KUALA LUMPUR, 1 September: Ireka Corp Bhd expects its construction and property segments to contribute equally (50:50) to the group’s revenue, in two to three years.

Currently, construction makes up 90% of the group’s revenue.

Group deputy managing director Monica Lai said construction and property are complementary.

“We will continue to bid for jobs externally (construction) but we also want to have our own internal jobs (property). It’s a good balance,” she told a press conference after its AGM here on Tuesday.

— THE SUN


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