AS we all know that Privasia is the lucky winner of the RM1 2 billion installation of fibre optics and maintenance of fibre optic infrastructure in surrounding schools, residential, business, commercial and industrial premises under Phase 2 of the expansion of broadband infrastructure using the point of presence (PoP) method.
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WHAT Malaysia must know is PRIVA has less than a year of cash runway based on its current free cash flow, according to Simply Wallstreet.
THE company has a negative Return on Equity (-6.2%), as it is currently unprofitable having consistently bleeding red ink.
YOU can read the story state Privasia is HERE
