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Market starting to crash and it is what Mr T wants...to bring yields down so he can refinance 7T debt once its sorted it will be QE TIME... for those who is riding hold on tight! Its gonna be a rough ride...those who have cash can capitalize on this!!!
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Sapura Energy, a Practice Note 17 (PN17) company, secured creditors' approval for a debt restructuring scheme involving RM10.8 billion owed to nine lenders, with the court also granting an order to prevent legal action until the restructuring effective date.
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(SIMEPROP) will look to take on more data centre projects as a means of growing its recurring income, said group managing director and chief executive officer Datuk Seri Azmir Merican.
If truly salvageable, local funds should avoid big foreign funds from acquiring the stock at very much low price as of now.. BlackRock and the gangs are waiting for approval among higher up before start their work..