Unbelievable, 50 years operation famous textiles & garments company also can close shop & cease operation, Esquel Group....
Some more, this company also dealing with variety famous products....
..."In its heyday, the Esquel Malaysia (Kelantan) Sdn Bhd boasted a global client list such as Ralph Lauren, Brooks Brothers, Land’s End, Tommy Hilfiger, Hugo Boss, Fred Perry, Marks and Spencer, Banana Republic and J. Crew.
In 2007, Esquel Group, which also produced branded cotton shirts for Burberry, Nike, Lacoste and Nautica, reinvested US$6 million in its Penang facility after an eight-year absence."......
Your cash position did not consider the company's borrowings, both current and non-current. Taking borrowings into account, cash position will be nearly wiped out.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 7303 views | 6 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
confidential
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Posted by confidential > 2020-04-25 18:35 | Report Abuse
https://www.thestar.com.my/metro/metro-news/2020/04/20/alls-not-lost-for-retrenched-workers