The financial year ending 31 December 2015 saw Malaysia’s Goodway Integrated Industries Berhad (GIIB), parent company of Goodway Rubber Industries and several other rubber compounding and retreading businesses, record its second consecutive net loss despite a positive contribution from the firm’s new venture into property development. To reverse this trend, GIIB is decreasing its reliance upon the company’s traditional rubber and tyre-related core business, and it has now taken a significant further step in this direction through the acquisition of S5 Systems Sdn Bhd. GIIB says this transaction will result in a “significant change in business direction.”