Procurement cost for raw materials such as copper rods, aluminium rods, steel plates, steel coils, zinc blocks and optical ground wires for the Group’s power and telecommunication cable manufacturing operations and steel structures fabrication operations.
Sarawak Cable: Disposes helicopter for RM35m . Sarawak Cable (SCB) is selling a helicopter to Rotortrade Services Pte Ltd for RM35.18m cash. Its wholly-owned subsidiary, Aerial Power Lines SB (APL), signed an agreement to dispose of the aircraft to the Singapore-incorporated helicopter distributor on April 2, SCB said. The company said the proposed disposal was part of the group’s asset rationalisation programme, which would reduce its gearing level as the relevant bank borrowings for the aircraft would be pared down substantially. (Bernama)
Posted by David_share > May 25, 2021 7:16 AM | Report Abuse
Sarawak Cable: Disposes helicopter for RM35m . Sarawak Cable (SCB) is selling a helicopter to Rotortrade Services Pte Ltd for RM35.18m cash. Its wholly-owned subsidiary, Aerial Power Lines SB (APL), signed an agreement to dispose of the aircraft to the Singapore-incorporated helicopter distributor on April 2, SCB said. The company said the proposed disposal was part of the group’s asset rationalisation programme, which would reduce its gearing level as the relevant bank borrowings for the aircraft would be pared down substantially. (Bernama)
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....
hongheng7
244 posts
Posted by hongheng7 > 2021-04-07 15:53 | Report Abuse
Got 30% PP, should go down. Why move up?