NMBZ confident of future property yields

NMBZ said the business reengineering initiatives also included restructuring and staff rationalisation.

NMBZ Holdings (NMBZ) says its property unit (NMBZ Properties) is making headway with several projects poised for future profitability, despite currently contributing modestly to group total income.The group diversified its operations into the property market by establishing a fully-fledged property division, which is part of the banking unit.In an interview with The Financial Gazette, NMBZ…

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