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Bro Mark Lim. This company has zero borrowing. Financial is very sound. Balance sheet is good. Please read the latest QR before you comment. Dont mislead ppl.
Please check it's credit terms for trade receivables...From the quarter report, it's not due yet. Please explain to us how it is a bad debt? So ARBB give customer say 6 months credit period. So you're saying customer don't use credit period given by them and pay within 1 month? hahaha
Conversion of icps mean the company will have more cash on hands. The only cons it will dilute the eps. Current outstanding share of 420-450M is still healthy. Unless all 1 Billion share converted than will be too much. Hopefully the conversion ratio is not much.