01-12-2017, 10:46 PM
Agree with Cory.
Banks are geared more towards capital preservation. If hyflux is not even able to repay a capital at the end of the term. Banks will not be willing to lend. The exception of course is for hyflux to pledge unencumbered assets as collateral for bank loans
Banks are geared more towards capital preservation. If hyflux is not even able to repay a capital at the end of the term. Banks will not be willing to lend. The exception of course is for hyflux to pledge unencumbered assets as collateral for bank loans