Sslee

Sslee | Joined since 2016-08-31

Investing Experience Beginner
Risk Profile Moderate

Emotional Introvert Most defining characteristics: You are sensitive, melancholic and a perfectionist. You are a very emotional, caring and dedicated person. You believe that there is a bigger picture in life, one that we can’t really see, but we can feel. You are very compassionate, strong minded

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User Comments
Stock

6 hours ago | Report Abuse

Investment is not about max gain but all about not to lose money.

The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are." - Warren Buffett

Stock

6 hours ago | Report Abuse

geary CAPITALA: Pivot Point Momentum!?
<200SMA. Dec/Jan: Year End/Window Dressing 🚀
Bull/Bear: 80/20%🤔
S1: 0.980.
PIVOT: 1.01
R1: 1.28.
R2: 1.58.
R3: 2.08.
A.Technically Equity Negative 🤔
B.No Winding Up/Liquidation Order👍
C. No Defaulted, loan obligation is covered by Cash Flow. Saved by the Bell!
D. #3 quarters of positive cash flow🙏, n increasing, with average debt/interest payments of #800M.🙏
Disclaimer: Trade at your own Risk👌

EngineeringProfit geary actually gave a 80% bull outlook for capA with half truth or untruth/fault #3 quarters of positive cash flow.

What will happen to capA price if come 7 Oct 2023 Stony can't submit PN17 regularisation plan and Bursa reject the third request for extension and proceed to suspend and delist capA?

Stock

7 hours ago | Report Abuse

Stony has been telling every "Tom, Dick, and Harry" that PN17 is just an accounting issue and can be solved easily but the action of asking for first 6 months extension to 7 July then another 3 months extention to 7 Oct speak lounder than his word.

Will Stony keep his word this time round?

Stock

7 hours ago | Report Abuse

Just a gentle reminder.
Will capA able to submit PN17 regularisation plan by or before Bursa deadline of 7 Oct 2023?

Stock

2 days ago | Report Abuse

Dear Sir/Madam,
Thank you for your e-mail.

Please note that the acquisition is below the threshold that warrants immediate announcement. Should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements), we will also make the necessary referral to other relevant authorities.

My reply
Dear Bursa,

Thank you for information that the acquisition is below the threshold that warrants immediate announcement.

Referring:
PAA: Balance sheet:
2022 RM ’000
Non-current assets: 709,801
Current assets: 357,236
Non-current liabilities: (1,021,560)
Current liabilities: (3,100,251)
Net liabilities: (3,054,775)

From CapitalA: Second quarter report ended 30 June 2023:
Page 4:
As at 30/6/2023: As at 31/12/2022
RM ‘000: RM’000
Capital and reserves:
Share capital: 8,659,652: 8,654,977
Merger deficit: (5,507,594): (5,507,594)
Other reserves: 266,894: 204,020
Foreign exchange reserve: (1,657,962): (153,308)
Accumulated losses: (10,151,810): (8,923,188)
Equity:
Shareholders’ equity: (8,390,820): (5,725,093)
Non-controlling interest: (1,813,867): (3,791,865)
Total equity: (10,204,687): (9,516,958)


2Q2023:
Cash flows from financing activities:
Proceeds from borrowings: RM 130,989,000
Repayment of borrowing and lease liabilities: RM (1,107,380,000)
Acquisition on non-controlling interests: RM (52,061,000)
Net cash used in financing activities: RM (1,028,452,000)

Am I right to say the undisclosed sum for the acquisition is RM 52,061,000?

Would Bursa please show the calculation the acquisition with undisclosed sum to “increase effective stake from 40% to 100% in Philippine Air Asia” that transfers about negative equity of RM 2 billion from Non-controlling interest to Shareholders’ equity and about RM 1 billion addition accumulated losses is below the threshold that warrants immediate announcement?

Thank you

Stock

2 days ago | Report Abuse

Repost from bjland forum:
I already sold all when Batikman come in and push up bjland well above 38 sen. I bought back some and at 30 sens still have some paper profit for me.

Bursa only interest on listing requirement.

As we do not play the role of ombudsman nor do we conduct arbitration, in the event of conflicts or financial losses, the aggrieved parties need to file the claims through the appropriate legal process in court.

We will also make the necessary referral to other relevant authorities should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements).

Stock

2 days ago | Report Abuse

I already sold all when Batikman come in and push up bjland well above 38 sen. I bought back some and at 30 sens still have some paper profit for me.

Bursa only interest on listing requirement.

As we do not play the role of ombudsman nor do we conduct arbitration, in the event of conflicts or financial losses, the aggrieved parties need to file the claims through the appropriate legal process in court.

We will also make the necessary referral to other relevant authorities should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements).

Stock

2 days ago | Report Abuse

The last time I bought 0.18-0.19 and sold 0.21-0.22.

Stock

3 days ago | Report Abuse

Repost:
Jaks is at best a trading stock buy low sell high. Jaks is famous for investors like KYY and OTB who try to treat it as investment when it is not.

Due to very poor/deceitful ceo/management. The insiders only care to award themselve with LTIP free grant and not the interest of shareholders. (Yearly goodwill impairment loss (pay too high price for assets) and impairment of receivables with no affort to recover the recivables)

For someone to boost about 5 digit, 6 digit and even 7 digit gain on jaks is a dream too far.

I had traded jaks before even during kYY time for my free bintang beer and lobsters

Stock

6 days ago | Report Abuse

Repost:
Posted by CharlesT > Jan 2, 2023 11:26 AM
Most people (99.99%) seeks for profit fm stock mkt while SSlee seeks for fairness, justice n truth.
By making tens of thousand USD a month fm remote Indonesia, SSLee certainly afford to have this hobby
He is the first of such rare species I have seen in Bursa, hopefully he will not be the last.
Not sure if my above statement is sarcasm or compliments......

Posted by qqq47660 > Jan 2, 2023 12:52 PM | Report Abuse
Activism is a thankless job
A job smart people avoid
Smart people do business not do activism

CharlesT and qqq3 are right about me but then again I am what I am.
By the way anyone of you can be an activist by just attend the AGM and hold BOD and management accountable and answerable.

Stock

6 days ago | Report Abuse

I can't agree more, jaks is at best a trading stock buy low sell high. Jaks is famous for investors like KYY and OTB who try to treat it as investment when it is not.

Due to very poor/deceitfull ceo/management. The insiders only care to award themselve with LTIP free grant and not the interest of shareholders. (Yearly goodwill impairment loss (pay too high price for assets) and impairment of receivables with no affort to recover the recivables)

For someone to boost about 5 digit, 6 digit and even 7 digit gain on jaks is a dream too far.

I had traded jaks before even during kYY time for my free bintang beer and lobsters.

General

6 days ago | Report Abuse

Good morning EngineeringProfit,
CapA supportors will come after you for lockdown pandemic 2024 nipah virus.

Stock

6 days ago | Report Abuse

Good morning i3lurker,
You are right about Bursa.

Dear Sir/Madam,

Thank you for your e-mail.

Please note that the acquisition is below the threshold that warrants immediate announcement. Should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements), we will also make the necessary referral to other relevant authorities.

Thank you

Bursa 2U

General

1 week ago | Report Abuse

👍EngineringProfit,
Your poems are very powerful, beautiful and deeply touching.

Stock

1 week ago | Report Abuse

Just a gentle reminder:
institutions, funds, investors, above #22%, private investors n insiders, altogether around #64%...are still holding tightly CAPITALA

If they smell something is not right and start to unload then it will be another case of serbadk repeat itself. A mad rush/stampede at the exit.

Stock

1 week ago | Report Abuse

If profit RM 1.1 billion then why NAPS deteriorate from RM negative 1.33 to RM negative 2.01?

Stock

1 week ago | Report Abuse

The fat lady has another 2 weeks to practice singing my way or highway before curtain down on 7 Oct 2023 for capA.

Stock

1 week ago | Report Abuse

Can someone just summary what he want to say about Insas in one comment page and not flooding the whole capA forum with his cut and paste nonsense?

Most likely he do so on purpose to confuse people when he cannot convience people. By the way this is capA forum.

Who care about Insas?

Please go jaks forum to learn how I summarise jaks in one (1) comment page.

Stock

1 week ago | Report Abuse

Repost:
Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
Cost of Sales(74,650) (89,361)
Gross Profit 15,144 18,784
Other Operating Income 3,709 4,535
Other Operating, Administrative Expenses (113,524) (111,758)
Operating Loss before finance cost (94,671) (88,439)
Finance cost (24,383) (21,980)
Operating Loss after finance cost (119,054) (110,419)
No Wander yearly issued either RI or PP to get money from shareholders to pay Other Operating, Administrative Expenses and Finance cost...

Ann. Date Date Type Unit Price
07-Sep-2023 08-Sep-2023 Private Placement 80,014,700 0.180 Additional Listing Detail
26-May-2023 29-May-2023 Private Placement 129,017,000 0.185 Additional Listing Detail
30-Jun-2021 01-Jul-2021 Private Placement 272,667,000 0.475 Additional Listing Detail
27-May-2019 28-May-2019 Private Placement 58,465,313 0.700 Additional Listing Detail
29-Mar-2018 30-Mar-2018 Private Placement 49,631,200 1.380 Additional Listing Detail
23-Mar-2017 24-Mar-2017 Private Placement 43,836,100 1.360

13-Oct-2020 26-Oct-2020 RIGHTS_ISSUE Rights Issue 8.0000 : 5.0000
05-Nov-2018 16-Nov-2018 RIGHTS_ISSUE Rights Issue 1 : 2

Know how much other incomes insas have?
FY 2023: FY2022
RM'000, RM'000
Other incomes 94,469 101,489

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
But
Trade and Other Receivables 340,873 344,366
No wonder every year come Q4 impairment of Trade and Other Receivables.

This is what happen the past 4 years.
12 months end 31/12/22: 12 months end 31/12/21
RM'000: RM'000
Impairment Loss on Goodwill 29,000: 23,636
Allowance for impairment of receivables 22,833: 20,348

12 months end 31/12/20: 12 months end 31/12/19
RM'000: RM'000
Impairment Loss on Goodwill 52,000: 20,365
Allowance for impairment of receivables 69,507: 12,490

Stock

1 week ago | Report Abuse

When someone tell you don't ask questions just buy, it can only mean he is desperate to dump his holding to you.

So keep asking questions and think, never swallow snake oil saleman story hook, line, and sinker.

Stock

1 week ago | Report Abuse

As at 30/6/2023: As at 31/12/2022
RM ‘000: RM’000
Capital and reserves:
Share capital: 8,659,652: 8,654,977
Merger deficit: (5,507,594): (5,507,594)
Other reserves: 266,894: 204,020
Foreign exchange reserve: (1,657,962): (153,308)
Accumulated losses: (10,151,810): (8,923,188)
Equity:
Shareholders’ equity: (8,390,820): (5,725,093)
Non-controlling interest: (1,813,867): (3,791,865)
Total equity: (10,204,687): (9,516,958)

2Q2023 Current liabilities RM 14,208,631,000, current assets RM 2,269,900,000 thus net current liabilities RM (11,938,731,000), CapA is an insolvent company.

Stock

1 week ago | Report Abuse

https://theedgemalaysia.com/article/airasia-group-recognises-rm299m-loss-japan-associates-bankruptcy-proceedings

KUALA LUMPUR (Feb 24): AirAsia Group Bhd said today the budget airline has recognised a loss of US$74.11 million (RM299.34 million) in the second half of 2020 (2H2020), as a result of 33%-owned associate AirAsia Japan Co Ltd’s (AAJ) bankruptcy proceedings due to the impact of the Covid-19 pandemic.

In a statement to Bursa Malaysia today, AirAsia Group said AAJ has commenced its bankruptcy proceedings as ordered by the court today.

"As a result of the bankruptcy proceedings, the company (AirAsia Group) has recognised a loss of US$74.11 million (equivalent to RM299.34 million) in the second half of 2020, due to financial assistance in the form of inter-company transactions and loans being written off as these amounts were deemed to be irrecoverable.


"The company also incurred US$5.18 million in the fourth quarter of 2020 and first quarter of 2021 for expenses related to the aircraft de-registration to move three aircraft from Japan to Malaysia.

"Further announcement(s) will be made in due course on the particulars of claim and financial impact to the company, if any, under the bankruptcy proceedings,” AirAsia Group said.

AirAsia Group’s Bursa filing today followed the group’s announcements on Oct 5, 2020 and Nov 17, 2020 on AAJ's cessation of operations and filing of bankruptcy proceedings respectively due to the impact of the Covid-19 pandemic on the global aviation sector.

On Oct 5, 2020, AirAsia Group said AAJ's board of directors had on that day notified AirAsia Group on the AAJ directors’ decision to cease AAJ's operations with immediate effect.

"We respect and have agreed to the decision made by AAJ as this would reduce the cash burn of AAJ and the company (AirAsia Group) amid the highly challenging operating conditions in Japan which have been aggravated by the Covid-19 pandemic that has plagued the world since early this year,” AirAsia Group said then.

Stock

1 week ago | Report Abuse

The Buddha defined karma as intention; whether the intention manifested itself in physical, vocal or mental form, it was the intention alone which had a moral character: good, bad or neutral. As one intends and acts, so does one become: one becomes virtuous by virtuous action, and evil by evil action

My intention in capA is to rebut fanciful/half truth/totally fault financial data interpretation by Stony fansi/pump and dump syndicate members to misled/conned people.

Note: Presented with same set of financial figure/data most likely than not Company IR/Management ,IBs Analyst and those with hidden agenda/vested interest will interpret the figure/data not by their professional unbiased opinion to tell the truth and the whole truth but by their biased view bending the truth to accommodate company , IBs and those with hidden agenda/vested interest narrative as fact

This is why there is this saying “Figure don’t lie, but liars figure”

So what is your intention to make your comment in i3 capA forum here?

Stock

1 week ago | Report Abuse

I3lurker,
Most likely all this while (repeat request for extension of PN17 regularisation plan) is done purposely to get capA delist from Bursa.
Stony can then list his Move and ADE in New York for USD 10 billion IPO.

Stock

1 week ago | Report Abuse

The question why AA Japan JV files for bankruptcy, but Stony bailout PAA JV partner?

Stock

1 week ago | Report Abuse

AirAsia Japan files for bankruptcy, leaving 23,000 flyers without refunds
KAZUHIRO NOGUCHI, Nikkei staff writer
November 18, 2020 04:27 JST

With about 21.7 billion Yen in liabilities.

Stock

1 week ago | Report Abuse

i3lurker Arrest Warrant was issued for stony 🤣
21/09/2023 9:04 AM

That is why AA sold AirAsia India
Updated: 03 Nov 2022 9:28 am
Tata Group will now wholly own AirAsia India via Air India. The AirAsia Aviation Group has sold its remaining stake in AirAsia India to Air India, a company which is now owned by the Tata Group. AirAsia has also reportedly said that there will be no gain or loss on the disposal as it expects to receive Rs 1.56 billion from the sale of the stake.

Stock

1 week ago | Report Abuse

geary CapitalA Latest News, September 20, '23.
KUALA LUMPUR: Capital A Bhd’s wholly owned subsidiary, Asia Digital Engineering Sdn Bhd (ADE) has entered into a shareholders agreement (SHA) with Sivilai Asia Co Ltd to establish a maintenance repair and overhaul (MRO) business in Cambodia.

In a filing with Bursa Malaysia, Capital A said under the SHA, ADE will subscribe to 60% of the issued and paid-up capital of a Cambodian joint venture company incorporated under the name ADE (Cambodia) Co Ltd (ADE Cambodia). Sivilai Asia will invest the remaining 40%.

The SHA also records the rights and obligations of each party relating to the operation and management as well as their shareholding in ADE Cambodia.

“ADE will inject up to the amount of US$1.2mil with two tranches (first tranche during pre-incorporation and the balance would be post-incorporation), and ADE will use internal funds for its share of the equity investment,” it said.

What kind of management that make promptly announcement on above kacang putih deal but fail to disclose a deal involve undisclosed sum to “increase effective stake from 40% to 100% in Philippine Air Asia” that transfers about negative equity of RM 2 billion from Non-controlling interest to Shareholders’ equity and about RM 1 billion addition accumulated losses?
How the deal can help shareholders’ equity to uplift CapitalA from PN17?

Stock

1 week ago | Report Abuse

Repost from Insas forum:

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
Cost of Sales(74,650) (89,361)
Gross Profit 15,144 18,784
Other Operating Income 3,709 4,535
Other Operating, Administrative Expenses (113,524) (111,758)
Operating Loss before finance cost (94,671) (88,439)
Finance cost (24,383) (21,980)
Operating Loss after finance cost (119,054) (110,419)
No Wander yearly issued either RI and PP to get money from shareholders to pay Other Operating, Administrative Expenses and Finance cost...

Know how much other incomes insas have?
FY 2023: FY2022
RM'000, RM'000
Other incomes 94,469 101,489

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
But
Trade and Other Receivables 340,873 344,366

No wonder every year come Q4 impairment of Trade and Other Receivables.

Stock

1 week ago | Report Abuse

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
But
Trade and Other Receivables 340,873 344,366

No wonder every year come Q4 impairment of Trade and Other Receivables.

Stock

1 week ago | Report Abuse

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
Cost of Sales(74,650) (89,361)
Gross Profit 15,144 18,784
Other Operating Income 3,709 4,535
Other Operating, Administrative Expenses (113,524) (111,758)
Operating Loss before finance cost (94,671) (88,439)
Finance cost (24,383) (21,980)
Operating Loss after finance cost (119,054) (110,419)
No Wander yearly issued RI and PP to get money from shareholders to pay Other Operating, Administrative Expenses and Finance cost...


Know how much other incomes insas have?
FY 2023: FY2022
RM'000, RM'000
Other incomes 94,469 101,489

Stock

1 week ago | Report Abuse

I find pleasure in rebutting fanciful financial claim from Stony Fanci.

Stock

1 week ago | Report Abuse

P/E ratio for Singapore Airlines (C6L.SI)
P/E ratio as of September 2023 (TTM): 10.5
According to Singapore Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4928. At the end of 2019 the company had a P/E ratio of 21.0.

Stock

1 week ago | Report Abuse

The problem how to calculate capA earning?
Based on culmulative 6 months end 30/06/23.
After charging the foreign currency translation difference the total comprehensive income is RM (467,590,000)

CapitalA forward PE multiple should be 33×, of current EPS.🤔🥴🤑🙏🚀

Stock

1 week ago | Report Abuse

Repost: Secret to happiness and success

“Happiness and freedom begin with a clear understanding of one principle: Some things are within our control, and some things are not.”

i3ivestor forum comment, house rule (not under my control, so live with it) but you can choose to totally ignore those good for nothing cyber trolls.

In life you are going to come across many type of people so choose who are to be your friends/associate with and who to avoid/ignore because your future success will depend on this critical choice

Stock

1 week ago | Report Abuse

Repost:Secret to happiness and success

“Happiness and freedom begin with a clear understanding of one principle: Some things are within our control, and some things are not.”

i3ivestor forum comment, house rule (not under my control, so live with it) but you can choose to totally ignore those good for nothing cyber trolls.

In life you are going to come across many type of people so choose who are to be your friends/associate with and who to avoid/ignore because your future success will depend on this critical choice

Stock

1 week ago | Report Abuse

"The first rule of an investment is don't lose [money]. And the second rule of an investment is don’t forget the first rule. And that's all the rules there are." - Warren Buffett

Stock

1 week ago | Report Abuse

By the way 3iii, what is the EV/EBITDA ratio for capA?

Stock

1 week ago | Report Abuse

It mean if you pay RM 4,293 million to take capA private you still need to settle (the total debt- cash equivalent). Your total cost will be RM 18,026 million.

3iii mind working out what is the MKT cap and ENT value of INSAS?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Sep 20, 2023 8:40 AM | Report Abuse
MKT Capt (RM m) : 4,293.8
ENT Value (RM m) : 18,026.5
Total Shareholders Equity: (5,725.1) Dec 2022

Stock

1 week ago | Report Abuse

Downside is if come 7 Oct 2023 Bursa reject the third request for extension in submitting the PN17 regularisation plan and proceed to suspend and delist CapA then you will be trapped holding a non list company.

Upside you still can enjoy a cup of coffee with Stony during the private company AGM for free. Remember people are actually paying multimillion just to have breakfast with Warren Buffett

Stock

1 week ago | Report Abuse

An allowance for impairment of RM 315.3 million was recognised in 2020 for an amount due from a related party, AirAsia X (AAX), resulting from AAX’s debt restructuring exercise. Subsequently, in 2022, after AAX concluded the debt restructuring exercise, RM313.2 million of the outstanding amount was written off.

An allowance for impairment of RM214.4 million was recognised in 2020 for an amount due from a related party, Thai AirAsia X (TAAX) due to the proposed rehabilitation plan of TAAX. This was subsequently increased to RM227.7 million in 2021.

In 2023, an amount of RM1.6 million, equivalent to 0.5% of the settlement sum was successfully recovered. As for TAAX, we are currently awaiting the outcome of the proposed rehabilitation plan.

Stock

1 week ago | Report Abuse

CapA forum/AA suporters become weirder and weirder each day. It look like and sound like Serbadk forum/ karim suporters back then wonder how is pearlwhite doing now?

Stock

1 week ago | Report Abuse

3iii,
My question to capitalA IR:

Question 1: Why only present the positive; Group (“EBITDA”) of RM462 million in 2Q2023 and Group operating cash flow over RM1 billion to general investing public and IBs analyst but omitting to state that under MFRS 16:

(i) On the Consolidated Income Statement, expenses which were previously included under aircraft operating leases will be replaced by finance costs – lease liabilities and depreciation of right of use asset;
(ii) On the Consolidated Cash Flow Statement, operating lease rental outflows, previously recorded within net cash flow from operating activities, are classified as “net cash flow used in financing activities” for repayment of principal of lease liabilities.

2Q2023:
Depreciation of right of use assets: RM (354,185,000)
Finance costs-lease liabilities: RM (235,975,000)

Cash flows from financing activities:
Proceeds from borrowings: RM 130,989,000
Repayment of borrowing and lease liabilities: RM (1,107,380,000)
Acquisition on non-controlling interests: RM (52,061,000)
Net cash used in financing activities: RM (1,028,452,000)

Stock

1 week ago | Report Abuse

With multibillion in debts and Accumulated losses of RM10,151,810,000
How soon will it start to make meaningfull profit to pare down debts and accumulated losses?2, 5, 10 or 15 years?

Meanwhile Bursa will only accept PN17 regularisation plan that comply with Bursa rule or else suspension and delist is inevitable.

For now, it is also dependent on the goodwill and mercy of its creditors, bankers and bond holders.

"When you owe a little bit of money, you have a problem. When you owe a lot of money, your lenders have a problem."

Hopefully, with ingenuity, patience, coordination and cooperation between many parties, CapitalA will turnaround, sooner than later.

Note: If you do not make lease payment, lessors have the right to pull out their planes and lease to someone else that can pay.

Stock

1 week ago | Report Abuse

As at 30/6/2023: 31/12/2022
Deposits, bank and cash balances: RM 735,003,000: RM469,985,000
Sales in advance: RM 2,024,943,000: RM 1,428,011,000
Current borrowing: RM 724,973,000: RM 530,958,000
Non current borrowing: RM 2,964,246,000: RM 2,405,756,000
Short term debentures: RM 98,156,000: -
Current portion of long term debentures: RM 186,741,000: -
Non-current portion of long term debentures: RM 194,722,000: -
Current trade and other payables: RM 3,936,316,000: RM 2,878,562,000

CapA is more and more insolvent as at 30/6/2023, taking in more and more borrowing, advance sales, trade and other payables just to activate more planes/advance sales , more payables and borrow money growth aviation. It is aka to Ponzi schemes collecting more sales in advance for current working capital.

Stock

1 week ago | Report Abuse

Or can you understand accounting:

2Q2023 Current liabilities RM 14,208,631,000, current assets RM 2,269,900,000 thus net current liabilities RM (11,938,731,000), CapA is an insolvent company

Stock

1 week ago | Report Abuse

Can you understand plain english or you have language barrier ?

​(i) ​no longer trigger ANY of the Prescribed Criteria upon implementation of the regularisation plan