Wednesday, April 1, 2009

Supermax ~ Debt Up, throwing more money to assosiate

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Full year report showed that Supermax has incured more DEBT up by another RM 58.9 millions with current Total Liabilities standing at a whoping half a BILLION ringgit !

After impaired off the APLI by RM 16.7 million, the investment in associate still went up by another RM 21.7 millions, in other words, Supermax still plowing another RM 38.4 millions into other associates company !

Once bitten, will always got bitten... again and again ... Supermax never learn maa ...
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