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| Topic: |
Technology
|
| Number of pages / Number of words: |
4 / 965 |
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The recent acquisition of control over Industrial Concrete Products Berhad has significantly expanded the Group's operations in this sector. In its first truly diversification move, the Group ventured into plantations in 1985 in a bid to reduce the impact to the Group of the cyclical nature of earnings from the Construction Division...
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In its first truly diversification move, the Group ventured into plantations in 1985 in a bid to reduce the impact to the Group of the cyclical nature of earnings from the Construction Division. The investment in plantations has paid off handsomely. The Plantations Division has contributed significantly to the Group's earnings over the years and also helped cushion the Group's earnings during the difficult times, such as the 1997/98 Asian financial crisis...
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