Possible they will do private placement to gather fund...

Steady move towards Rm1.50. good good

Hard to imagine on the 'she has her way around bankers'... without the liquidity from the bank, this company might fall to PN17 eventually

Change of new owner will cause bankers would have to assess the new owner, and there's a big chance they'd withhold money for the business at first (they're also concerned that incidents like the bahvest case may occur) especially during this tighter credit control situation...

Agreed. Definitely see them making profit again in the long run after the demand and supply of gloves have been normalised.

Huge selling pressure today. Sell on news today I guess

Thanks, Chipee. Any idea how many percent of their glove production capacity will be affected?

Next quarter Yongtai will make loss due to high energy and labor cost

Don't know Kossan will follow Harta to halt some production lines or not...