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 Construction companies going to tutup due to MCO

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dattebayo
post Apr 8 2020, 05:00 PM

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QUOTE(WinkyJr @ Apr 8 2020, 02:45 PM)
my friend at mrcb told me everything is ok there
guess their reserve is huge to cushion the covid19 impact
*
most of MRCB projects are office buildings

after the MCO lifted, employers will finally realize it is not wise to have glamour office only to be closed down due to the pandemic

of course, those completed projects has been handover to REITS, which is using investors money to pay the loan anyway

gg the dividend yield for office REITS for 2020-21

 

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