KCW.. u r right. Subsidy application and receive has a lead time based on our gov's "effiicient" control. TS should have a 26 mil for each Q on average(last year was 103 mil) but heard someone said it was only 8 mil received when i was in AGM. When it comes to last Q all outstanding sub shall be cleared!!. thats why 4Q is always a bumper quarter. Likely to happen for 4Q 2024 FR. Gov subsidy continues ceiling price is still there. Good prospect for TS.

KCW.. Price control is NOT removed yet! Government is still giving out subsidy. I got this info after attending Teo Seng AGM on Tuesday. Sub claim back has its lead time too. PWF did not provide breakdown of business segment so it is hard to judge what when wrong!!