1. 2 estates in Sabah to raise Rm248 millions cash (About 8,000 acre )
2. sold Bulugan lands (about 32,000 acres) to raise Rm731.09 millions
about 40,000 acres were sold and will get about Rm18 billions cash
currently Bulugan land still got Rm273 million cash pending
what is the current status
While lands are sold in Principe Final Cash of Rm273 millions yet to come in
as a result there is a reduction of Ffb and this qtr reflected it
however things will improve after final cash Rm273'mullions come in to completely clear all remaining debts of Rm18 millions plus and then these will happen
1. Tsh will save at least Rm20 millions or about 1.5 sen from bank interest
2. As a result the balance sheet will improve without further debt load
2. And Tsh being debt free can now increase its dividend payout like Inno
3. Plus there is a possibility Tsh can give a special dividend from the Rm273 millions can to be received
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 2938 views | 2 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....
calvintaneng
56,026 posts
Posted by calvintaneng > 2024-02-24 17:17 |
Post removed.Why?