Wong Muh Rong, who runs boutique corporate advisory firm Astramina Advisory Sdn Bhd says: “They (financial institutions) do not like bullet payments, they need clear sources of repayments. This is why market funding of privatisations is seeing a decline as banks see it as a risk to fund companies to privatise in the current market condition,”
MERGERS and acquisitions (M&As) are an essential and healthy part of a dynamic capital market.
In current times, when the prices of some listed companies are depressed, one would expect more privatisation exercises to take place.
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