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Thursday, October 23, 2008

I-Berhad eyes double-digit profit growth

Property developer I-Berhad aims to achieve double-digit growth in net profit by year-end, driven by its unique information and communication technology (ICT) infrastructure, said its director, Eu Hong Chew.

“These are the kind of services office users are looking for and they are market-driven,” Eu told reporters after the preview of its RM2.0 billion integrated commercial development, i-City, in Shah Alam today.

For the financial year ended December 31, 2007, the company recorded a pre-tax profit of RM700,000 on the back of RM1.631 million in revenue.

Eu said i-City was designed as a fully-integrated township, comprising a shopping mall, corporate towers and corporate offices, office suites, shop offices, office and retail suites, hotel, apartments, a data centre and an innovation centre.

“Concierge services are also provided in i-City, which is equipped with meeting rooms and event halls in order to cater to the needs of tenants.

“All meeting rooms and event halls are equipped with wireless broadband connection and state-of-art audio visual facilities,” he said.

By Bernama

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