$CANONE / 5105 (CAN-ONE BERHAD) - So question is... will they sell the unit?

Post $KIANJOO / 3522 (KIAN JOO CAN FACTORY BERHAD), CANONE now have about 2b debt. Interest payments there will be painful. Selling this unit will reduce that burden by HALF.

If I'm in the board room right now, question that needs to be asked is, 1) can they get better price for the unit? 2) Are there any other willing buyer? 3) Is the profits gained from the unit as good as interest savings that will be earned from reducing debt by half?

The buying party is quite aggressive, they're getting the unit similar to 2016 prices and they know they're in better negotiation stance because of Canone's current situation.

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