Correction to my previous post:
From IPO docs for UOADEV:
Proforma Post IPO
Current asset- inventories RM$354m= AUD$110m
Non-current asset- inventories RM $519m= AUD$160m
Total RM$873m=AUD$270m
From Annual Report UOS:
Inventory- AUD$158= RM$521m
Investments- AUD$443m= RM$1.4b
Total AUD$601m= RM$1.9b
Difference= AUD$331 m
Plus cash from IPO= AUD$120 m
Total AUD$451m
Plus REIT and 66% UOADEV
Way exceeds current cap of $525m
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