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you are right. but now the buyer and seller are all of the same interest. 60m at least is still in an acceptable range. but actually this sales precede is generating around 0.13 dividend. just decide to pay out from half of the disposal amount. for shareholder point of view, I hope this direction is really good for everyone.
yes... negative cashflow generate from operating for this quarter. receivable and inventory both increase a lot. hope inventory build up is to support the next quarter sales.
From a strategic perspective, this disposal aligns with TGUAN's long-term focus on the plastic packaging. The F&B segment, though profitable, was a legacy business of the Ang family and has been a relatively minor contributor which is now being monetized. The one-off gain of RM15.43m enhances TGUAN's net asset base, while the cash proceeds improve financial flexibility. The decision to channel part of the proceeds as a special dividend provides immediate value to shareholders, while the remainde
