Bromat Holdings

[Behappyalways]

15%.....


Bromat Holdings to take $600,000 loan at 15% interest on top of rights issue
https://www.theedgesingapore.com/news/eq...ghts-issue

[CY09]

No signboard (bromat) should just close down (after all the flagship restaurant is not part of listed co)

Negative equity now taking sky high interest to turn around with rights, OPMI are just going to lose more equity to such loans. As a recommendation, I would not recommend minority shareholders to subscribe for their allocation. It is likely money going in will be lost. Let the underwriter take everything