Wednesday, May 28, 2008
Pan Malaysia Industries (PMI) - Q1 '08 Review
I'm getting some comforts from Khoo's commitment to restructuring his companies. Commitment is being demonstrated in PMI. I'm seeing him paring down all the debts, wipe out negative reserves from -1.2 billion to -34,000. This has increased probability of MUI debts will be pared down soon, just be patient Turtle.