Posted by Winny > 2012-07-17 22:03 | Report Abuse

Very fishy,why should the company have this cap repayment by part borrowing of 500 mil? This news may spur 'sell on news' curse tomorrow, hopefully not.

Posted by KC Loh > 2012-07-17 22:11 | Report Abuse

not necessary winny. Some debt to the company is always viewed good, especially since this is a net cash company. your probable question is why is debt good? When you have third party involved, you are stating a very clear stance your financial strength. Heard of a saying.."an LC from a financial institution is worth ten to the analysts?" LoL

their current ratio is still more than manageable, generally chicken feed, so i think its more of a statement of intent that they view expansion very rigorously!