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DA Article Expo Module
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| "JAYA has much stronger balance sheet today, so pay up, IHC' |
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Written by Value Investor
Wednesday, 25 January 2012 17:30
 AS JAYA HOLDINGS is not in distress and has a much stronger balance sheet today, the Deutsche-led consortium which owns 54.7% of Jaya could hold out for a price close to, or even at a premium, to its NAV. So if bidders such as IHC Merwede are serious about privatizing Jaya, a good offer would have to be tabled. Read more... |
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