SMART-card operator Iris Corp Bhd is looking at all options, including a cash call, to cut its gearing ratio to below one in the current year, from 1.75 now, and at the same time, explore opportunities to extend its reach to more countries in a bid to build up its business base.
On the option to raise funds, managing director Tan Say Jim told AFX-Asia: “It could be in the form of a cash call or private placement or other instruments.”
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