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While the coming months will undoubtedly be challenging in the face of this global viral pandemic, it is our firm belief that difficult times build strong character, and it is with this resilient strength and perseverance that better times will be created as we reach for greater heights in the reformed post-COVID-19 landscape. quoted by CEO of Sunreit
Besides the above development, the private placement would further dilute the stock price. The price eventually will be consolidated to ranging 1.40-1.60 in the next 12-18 months.
EPF further disposed 800k on July 28. Today FQR is worsened than expected. Distributable income dropped tragically >67%. Next FY yield would be disastrous.
