Posted on January 4, 2016
By Meena Lakshana, The Edge Markets
Information technology services provider Inix Technologies Holdings Bhd ( Valuation: 0.00, Fundamental: 2.10) is being cautious about its new foray into the sand dredging and land reclamation business, and is focusing on delivering projects currently under its belt rather than shoring up business.
Inix executive director Mohd Anuar Mohd Hanadzlah said today the company is focusing on delivering its projects and is not currently bidding for any projects.
“Not at the moment,” he told reporters after the companies’ annual general meeting when asked if the company is bidding for any contracts.
“Let’s say, theoretically, if we have more projects in the pipeline, we will have to buy more vessels.
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