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57.0¢ ten sixty four limited

Ann: Trading Halt, page-105

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BAM1988673

225 Posts.

27

04/03/23

01:26

Post #: 66597008
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Originally posted by x64action: ↑

“One of the questionable projects undertaken by Pamintuan, the employees said, includes the P47.5 million joint venture agreement with the Australian company Trustek Conclad Aus-Phil Inc. for the manufacture and construction of socialized and low-cost housing units using pre-fabricated materials. The employees said the Trustek-Conclad System, which could build 50,000 housing units within period of two years has not been used and is already rotting since it was delivered two years ago.”

https://www.philstar.com/metro/2004/01/31/237111/employees-call-ouster-nha-general-manager

Who is the founder of Trustek Conclad? 0 for 2?

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I wonder if there is debt attached to this? Could explain a few things? DYOR

X64 Price at posting: 57.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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