Means Good News lah.. It is a proactive measure to manage the debt levels of Barakah and its subsidiaries and the order allows the Barakah Group to negotiate terms with its lenders and creditors without having the threat of any proceedings and actions being brought against the company :)
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....
ramada
3,955 posts
Posted by ramada > 2018-10-06 14:48 | Report Abuse
Debt & borrowings as high as RM205.8 mil, with merely RM7.8 mil cash in hand. Hard to perform, maybe will launch rights issue.