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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mrkas
82 posts
Posted by mrkas > 2012-02-26 09:41 | Report Abuse
It was mentioned above that "All in all, FY11 core earnings were up 7.2% y-o-y to RM231.0m despite higher leakages on minority interest (which more than doubled to RM45.9m due to ongoing works in Chhattisgarh) as the group registered a below average effective tax rate of 5.8% for the year." Can anybody explain on the meaning of "higher leakages on minority interest"?