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Wednesday, June 24, 2009

Mulpha confident of facing challenges

MULPHA International Bhd is confident of withstanding the challenges arising from the unprecedented global economic turmoil.

Its executive chairman, Lee See Huang, said companies faced problems and hoped for recovery to grow.

"We are confident of the quality of our developments and assets and have a strong balance sheet to ride out of the current economic storm," he told a media briefing after the the company's annual general meeting today.

Mulpha is involved in real estate and property-related and financial services, with operations and investments in Malaysia, Vietnam, Singapore, China, Hong Kong and Australia.

By Bernama

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