Okay have you taken in to consideration on income derived from singapore operation? Their profit will go up to by the time it gets translated to aud
Also loan interest rate in singapore is much lower @4.75 % plus loss on translation they look at 7.33% (refer to latest presentation ) which is lower than what we are paying for the australia loan ..
Don't get me wrong I agree this loan in sgd poses some risk but the damage is not that bad considering oz loan interest still higher .. Neverthless they should put hedging to motigate the risk
Okay have you taken in to consideration on income derived from...
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