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LTAT-Bousted restructuring halt is bad news for Affin. I am sure Affin gave out lots of loans to Boustead. How to repay Affin if the restructuring falls apart? The deal with Sarawak also still not completed. No Bursa announcement on Sarawak becoming large shareholder and no announcement on Boustead no longer significant shareholder. I am waiting for this counter to drop below RM2 then can collect. I am sure Tan Sri Abang Jo and Sarawak will clean up this bank
heard from analysts it is the opposite lah. got possible impairment, high operating costs, losses from operations, no new biz. very very concerned lah. May need to consider exit???
