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solasta is not completed, only estimated completion by this year end 2026.
however tower a and b most likely wont be completed. only abt 33% completion status
tower c reaching 90%.
so the revenue will not be big this year.
disposing more land is the only way, maturity of sukuk next year of 200mil, and perpetual is deferred. coupon app 70m per year, so the cash flow is very bad.
hartamas land disposal has no progress, even if success to dispose the debt is still big.
refinancing the securities is one major way to reduce debt due to high interest but as if now, no financial institutions are willing to step in to provide loans. unless they rectify all those security deposit paid amounting to 1 bil, not sure how they can survive the cash flow issues