OVT 33.3% 0.4¢ ovanti limited

Ann: IOUpay Acquires 42% of I-Destinasi Malaysian Finance Company, page-361

  1. 680 Posts.
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    $4mil profit from IDSB can be a cashflow item or it may not depending whether IDSB decide to do a dividend distribution or not.

    If not then IOU doesn't get a cent of cash but just an accounting profit booked to the accounts with no cashflow effect.
 
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