Look like this pakatan harapan government do keep their promise to protect the benefit of Borneo Sabah & Sarawak people to continue pan borneo highway projects.
After the disposal of OIC previously, this company is much more steady, etc now :)
The company said the proposed disposal of OIC is an opportunity for it to monetise its investment upfront at a healthy premium over the current market price.
It will also reduce its gross gearing from 0.8 times (post drawdown of sukuk of RM300 million in April 2017) to 0.4 times and provide the opportunity to sustain dividend payout to its shareholders in the future. Part of the proceeds will be used to repay loans taken for the acquisition of Asia Integrated Facility Solutions Pte Ltd, which was completed on Dec 15, 2016.
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lofan73
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Posted by lofan73 > 2018-01-30 10:31 | Report Abuse
faber is going to cum. stdby guys,buy now b4 regret