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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!