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It has been weeks since the AGM approved the renewal of SSB. However, no SSB has been activated.
Its indeed true that the company is cash rich and I thought with YZJ Finance languishing at very low valuations (at 0.3 times P/B) , some SSB will enhance shareholder value. However, this is not the case. I wonder where is their cash being locked at as they have not made any new cash injections into funds as well
Its indeed true that the company is cash rich and I thought with YZJ Finance languishing at very low valuations (at 0.3 times P/B) , some SSB will enhance shareholder value. However, this is not the case. I wonder where is their cash being locked at as they have not made any new cash injections into funds as well