Salcon: No problem in payments


  • Business
  • Thursday, 21 Aug 2003

Salcon Bhd, en route to a KLSE main board listing on Sept 3, foresees no difficulty in getting paid by its major clients, particularly state governments, despite seeing similar problems affecting some other listed water players.  

Special advisor and director Cheok Yeow Kwang said the company had taken into account slight delays in payment in undertaking jobs for state governments, but the delay would not likely affect the quality of its overall account receivable. 

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