Borrow 1 million, my problem. Borrow 1 Billion, YOUR problem. Hv a nice day, bye.

Seems like this developer in deep shit now..

1) Sell Asset
2) Issue bonds
3) Pack and cabut.

This post has been edited by JustNobody: Aug 4 2016, 12:20 PM

haha good one

judge from the work progress, seems to justify your concern...

meh dont own the ES hotel....misleading info
this Edge nowadays become the mouth piece for meh liau

heard top gloxx staff said ES meh hq have to be vacant by September this year.....yes u hear me right their HQ also solded..the buyer u know lah
lets see of what this guy is is "chun" boh

ES hotel is sold, right? with GRR?
but managed by MEH lah.

even few units of the mall was sold. so MEH also do not own fully the entire ES mall.

MEH HQ not early early already relocated to ED meh?

website still down?

This post has been edited by kochin: Aug 4 2016, 01:39 PM

So is this conside water fish or dead fish ?

Can pancing ?

This one is a type of eel. Very slippery.

I heard from a property agent that EC mall can only be completed by end of next year, is it true? It looks like the progress is very very slow...

how many times that they have delayed the mall's opening ah? anyone knows?

Lol then that ice skating rink for next year's SEA Games how?? Change venue to IOI city mall ah?

Haha they only announce valuation of ES 600m but dont dare announce how much bond they are asking for. And cant rule out selling ES if got good offer. Then next para say got receive many offers.

The edge is onli good for reading politics lah. The rest tok

I think their onli salvation is selling EC mall. Until then they are doomed.

EC hole too deep , maybe save empire remix

1st time heard of issue bond to pay LAD, other developer may follow.

I wonder if banks do audit and check on this EC. Wonder if the buyers could check with respective bank for the insight of the development. Buyers/Banks should have the rights to know the details.

The Edge's CEO and Clement Hii same gang from the star last time one, all friend friend so must give face a bit mah. Clement Hii has vested interest in MEH so of course he must help Sean Ng with his connections.

Than ma u help me I help u.
Malaysian best culture.

RAM will do the job I think. RAM rating for their bond tells all.

Bonds are issued to mostly institutional investors with yields depending on the ratings. Those cash raised will go to the company issuing the bonds and they can use it as working capital etc. So LAD payments will still come from MEH.