ZGDEG is principally involved in providing digital industrialisation and industrial empowerment for the governmental and enterprise organisations and promoting the optimisation and upgrading of the industrial economic system.
ZGDEG is also involved in several industrial park projects involving planning and building digital and intelligent cities for the Chinese government to improve urban management capabilities and economic growth.
“We’re excited about the collaboration with Shuangling as it allows the group to leverage Shuangling’s strong financial position to kick-start the proposed development.
“With Shuangling’s strong financial commitment, we believe that it will help to enhance our expertise and the collaboration is aligned with our commitment towards the sustainability agenda.
“Through this partnership, the group will be able to conserve its cash to undertake more development projects or construction projects. Financing for the development of the project could be funded via the collaboration as well as progress payment from sales of the proposed development. This will avoid the need to tap external borrowings, which help Ageson to not to increase its gearing level,” according to Ageson executive director Datuk Seri Chin Kok Foong.
Kah..kah..promoter no more good news on Co..even PP also said good news..everyday post on general economic recovery news but what happen to billions of contracts MOUs announced for the past few years?
Every year even during pandemic also post profit but it seem the profit didn't translate to positive cashflow..keyword non-cash earning.
Go check ARBB with familiar mgmt and shareholders and see what happen.
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....
dfaccountgod
27 posts
Posted by dfaccountgod > 2021-11-02 15:17 | Report Abuse
ages will benefit from construction projects recovery, just wait