Buying back corporate office building is to save rental costs of RM7-8 million a year. Operating cash flows will be increased by the same amount after the acquisition.
Media prima is not possible to declare dividend until they proposed capital reduction. Accumulated losses around 900m in their balance sheet. Share capital is 1500m, if proposed capital reduction of 70% of share capital will eliminate their accumulated losses and also won’t fall into PN17. Correct me if i am wrong. Thanks
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....
8888_
2,919 posts
Posted by 8888_ > 2021-09-03 16:16 | Report Abuse
JAG can ask fellow UMNO member Annuar Musa give Media Prima more sales?