Learn1stBuyLater | Joined since 2020-09-19
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Stock: [TROP]: TROPICANA CORPORATION BERHAD
2020-09-19 17:36 | Report Abuse
Yes, it also caught by eyes looking at the company has been issuing substantial amount of sukuk http://bondinfo.bnm.gov.my/portal/server.pt? open=514&objID=41920&parentname=CommunityPage&parentid=2&mode=2 It looks as if the company borrows, then borrow again to pay the previous borrowings. I have concern its 10 years loan stock which is issued in 2012 and mature in 2022. The amount is RM684mil!!! Any opinions to the above?
Stock: [TROP]: TROPICANA CORPORATION BERHAD
2020-09-19 17:36 | Report Abuse
Yes, it also caught by eyes looking at the company has been issuing substantial amount of sukuk http://bondinfo.bnm.gov.my/portal/server.pt?
open=514&objID=41920&parentname=CommunityPage&parentid=2&mode=2
It looks as if the company borrows, then borrow again to pay the previous borrowings.
I have concern its 10 years loan stock which is issued in 2012 and mature in 2022. The amount is RM684mil!!!
Any opinions to the above?