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News Anwar: Apasai bagi unsecure Loan kpd Genting HK, Jeng3

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bigquoc
post Jan 27 2022, 05:04 PM

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If everything need security, then how to do business? In business surely there is risk.

At least the banks ask Genting HK to pay their loan. Back in the days, there was a running joke that in Malaysia, certain connected segment of society borrow money don't have to pay back.


bigquoc
post Jan 27 2022, 08:09 PM

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QUOTE(jmas @ Jan 27 2022, 05:09 PM)
my understanding of the company thing is bad, I know, but I think my question still valid

do banks need to get their major shareholder to agree before giving out loans?
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There is a board of directors where the CEO is accountable to.

 

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