MUTUAL SEPARATION SCHEME (MSS)

The mutual separation scheme (MSS) offered by the group has been accepted by 160 personnel to date, involving a total payment of RM10.1 million.

“This exercise will allow us to enhance efficiencies and reduce staff cost, which will enable us to improve operating cost and subsequently strengthen our bottom line,” - Tan Sri Dato' Seri Ahmad Ramli, Managing Director.

Source: http://www.theedgemarkets.com/article/bhic-turns-around-1q-rm27m-net-profit