Hafiz Bonafide's comment on G3. All Comments
Hafiz Bonafide
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wow anyone read the attached announcement? G3 will collect usd100/month each of the foreign worker who use the dormitory. This is more like rental income. More stable recurring income in the future.
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2 months · translate ·
Hafiz Bonafide
let say 5k worker . 5000 x usd100= usd500k /month. so one quarter can give usd2million revenue. around RM9.8million revenue per quarter
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Mohd Hafiidz Zahar
done research as of 2022, 130,000 migrant workers recorded . that will bring grossly RM 50m revenue/yr
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Mohamad Dasuki
construction is 100% private finance initiative but revenue will share with maldives government.. who will bear the maintenance for 30 years, ofkos la g3.. but main question, do g3 have fund to construct the project?
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Hafiz Bonafide
out of usd100. usd 5 will be given to government. Basically G3 enjoy 95% of it. It reiterate of JV with other partner.
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Mohd Hafiidz Zahar
@Mohamad Dasuki ways to fund: share consolidation and new warrant
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