CNN 6.25% 15.0¢ cardia bioplastics limited

quarterly cash flow, page-8

  1. 1,436 Posts.
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    Read my comment above, an impressive target given the times...

    Note however that the ann dated 17/10 reads:

    "The Board of Cardia Bioplastics Limited is pleased to
    announce that its 100% subsidiary- Cardia Bioplastics Malaysia SDN BHD has
    been awarded BIONEXUS status from the Malaysian Biotechnology Corporation
    SDN BHD, a Malaysia Government body.
    The BIONEXUS STATUS provides Malaysia Government’s incentives including 10
    year tax free status and exemptions to all import duties for qualifying participants"

    You read into this that CNN has the 10 year tax-free status yet the ann today clearly uses the word "potential" for this status...

    They should making this very important point abundantly clear one way or the other...
 
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