DESPERATE times call for desperate measures. Faber Group Bhd knows this only too well. Saddled with massive debts and exorbitant interest payments, the group needs to fast work out a plan to address its financial woes.
The biggest concern for the group currently is how it will repay its RM1.56 billion nominal value zero-coupon redeemable convertible bonds (RCBs) that fall due in 2005.
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