Rescue plan: A file picture showing Seacera group MD Zulkarnin Ariffin in the company’s tile warehouse. A number of parties are said to be looking to rescue the ailing company but nothing firm has happened yet.
Profits of Seacera dwindle, debts pile up and major shareholders sell down stakes
SADDLED with massive debts and faced with shrinking revenue from its operations, Seacera Group Bhd
today is a sad shadow of its past.
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