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Project Durian Tunggal Belimbing Setia with poor quality. Wall & columns screed with little cement, floor tiles addictive not enough but hollow. Fencing wall collapsed etc. A lot of quality problems.
Look at the continuous Negative Free Cash Flow, it will be the conclusion that the company has been on the blood support line by continuously drawing down of SUKUK.
This quarter's strong earning is not sustainable as mainly contribute to retailers' strong stock builder-up before the price increase. Next quarter will see huge drop both revenue and profit.