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17-06-2024, 04:45 PM
(17-06-2024, 10:15 AM)CY09 Wrote: Oxley has enough assets to cover liabilities, they own a freehold hotel which is supposedly able to fetch SGD 1.2 billion, provided Singapore valuers are not lying.
It's a loss making hotel segment which should have been let go to save the company a significant financing expenses
assuming fire sale, can hotel fetch the same price of $1.2b?
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