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I will blame the CEO if revenue teruk. The thing is revenue ada. The problem is really the debt. So if the management can settle the debt by whatever way, hence the 8 march proposal approved, we are in the game.
@Mahendran first Sapura has to submit its regularisation plan in 2 months + . If the plan is approved which usually takes time too, they have to exercise the plan. If all goes well, i think earliest should be 3rd or 4th quarter next year out of PN17.
Haiya you want good CEO, you pay peanut got monkey loh. Itu CEO punya gaji pun sudah turun dari 4 juta setahun to 1 juta ++ masa CEO ini pegang. The problem is not the bisnes lah bros. The problem is the debt from before. Itu proposal kalau masuk itu white knight and bayar creditors by issuing shares, dapat kurang debt banyak. Baru boleh jadi profit. Baru boleh keluar pn17.