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Ann: IOUpay Acquires 42% of I-Destinasi Malaysian Finance Company, page-242

  1. Goldfinger1972
    575 Posts.
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    09/09/21
    15:22
    Post #: 55950211
    35000 on their loan books and a billion dollars sold off for 41 million and 41% of the business.

    As an example Westpac sold its $1 billion loan book (auto loans) for $300 million in June this year.

    $1billion at $40 million and 41% equity?

    can you not see what is going on?
    Last edited by Goldfinger1972: 09/09/21
    IOU Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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