Demerger of property unit boon for IOI Corp

2017-12-06 1

Six months after the Demerger Of IOI Corp, its shareholders are still enjoying the benefits of the corporate exercise.

Kenanga Research's senior analyst,Alan Lim Seong Chun told The Edge financial daily that the cash flow of the company has improved considerably as it does not need to provide capital expenditure for its property division.

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