Tag: Prasarana and crest builder dang wangi development
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Crest Builder with Latitud8 and selling to reduce gearing
I do not think too highly of developers who are taking their own sweet time when it comes to developments. Common, show some vibrancy and aggressiveness. However, I also think having a very high gearing is quite dangerous and may cause the company to face cashflow issues. In fact investors may not want to buy…