Caution about Ranhill for risk of debt provision to Federal gov control PAAB
In April 2023, PAAB has notified Ranhill SAJ on the rejection of Ranhill SAJ application for moratorium on partial lease rental for 2022-2023.
Beside, PAAB, via letter dated 15 May 2023 inform Ranhill SAJ it will charge late payment intereswt on outstanding lease payment begin from 1 June 2023 at rate 6.65% pa
On 25 oct 2023, Ranhill SAJ received demand letter from PAAB in relation to partial lease rental for 2022-2023amounting to RM 95.1 m (Source: Ranhill annual report 2023, page 147)
as read the financial of the company past few years, their water biz in Johor not doing well. Anybody can advise what is the reason ? With the purchase from YTLP, any insider news why they buy a stake, YTLP must be based on some basis.
Ok i counted wrong. Thought it was 0.5 lots LOL...just units. In my case, i only get like 750 units /7.5 lots in dividend? so there will be odd lots?? got 150000 units or 1.5k lots in hand
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....
Kim
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Posted by Kim > 2024-05-08 09:56 | Report Abuse
RM1.55 today =)