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Clarification Sumatec up on rumours of Halim Saad increasing stake

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Clarification Sumatec up on rumours of Halim Saad increasing stake Empty Clarification Sumatec up on rumours of Halim Saad increasing stake

Post by Cals Mon 18 Aug 2014, 09:28

Clarification Sumatec up on rumours of Halim Saad increasing stake
Business & Markets 2014
Written by theedgemalaysia.com   
Monday, 18 August 2014 09:21

WITH reference to an article entitled “Sumatec up on rumours of Halim Saad increasing stake” last Friday, it has been brought to our attention that Sumatec Resources Bhd is not a debt-laden company and its gearing is currently low. The group’s borrowings as at March 31, 2014 stood at RM17.3 million. The error is regretted.

This article first appeared in The Edge Financial Daily, on August 18, 2014.
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