PETALING JAYA: Chemical Co of Malaysia Bhd (CCM) is planning a series of restructuring exercises to strengthen its financial position going forward following a downgrade in the outlook of the long-term ratings for its bond issue.
Finance director Ahmad Mustaffa Abdul Manaf said the group would be looking at appropriate restructuring of its balance sheet as well as improving returns and margins from its businesses in order to improve its immediate and mid-term liquidity.
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