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Lay Hong mulls cash call

2017-12-06 0 Dailymotion

Integrated poultry farmer, Lay Hong's Managing Director, Yap Hoong Chai said that the company is considering making a cash call through a rights offering or a private placement to reduce its current level of gearing.<br /><br />As at June 30th this year, Lay Hong's net gearing ratio stood at 1.13 times which Yap described as "high".<br /><br />Astro AWANI LIVE http://www.astroawani.com/videos/live<br />Subscibe to NJOI AWANI https://www.youtube.com/njoiawani<br />Follow us on Website http://www.astroawani.com<br />Like us on Facebook https://www.facebook.com/astroawani<br />Follow us on Twitter https://twitter.com/501Awani<br />Follow us on Instagram http://instagram.com/501awani

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