KLSE (MYR): PERDANA (7108)
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Last Price
0.27
Today's Change
0.00 (0.00%)
Day's Change
0.265 - 0.27
Trading Volume
1,120,600
2024-11-27
2024-11-21
2024-11-21
2024-11-21
2024-11-21
635789
133 posts
Posted by 635789 > 2019-10-14 22:54 | Report Abuse
Perdana is a debt free company upon the issue of preference shares to Dayang as Dayang will take over all the debts from Perdana. Perdana is certain to save the interest cost of at RM35m annually plus the profit from core business of chartering, the prospect is certainly good for perdana and dayang. As dayang shares have increased more than 100%, the shares of perdana should be up accordingly as the above exercise will benefit perdana. Both are having the same boss and similar business and can complement and supplement each other to increase the business and thus the profit and share price.