Teck Guan sees RM71.5m receivables settled by Jan 2012

TECK GUAN PERDANA BHD [] has reported that its outstanding receivables for more than 12 months totalled RM71.56 million.

It said on Tuesday, July 6 that full recovery is expected by end of January 2012.

It expected RM39.61 million to be settled within 12 months and the remaining RM31.95 million to be resolved within one to two years.


Written by Joseph Chin
The Edge Malaysia