KEY TAKE AWAY FROM MANAGEMENT BRIEFING:
- Trade Receivable as of 31-Mar-22 = RM155M
- Cash Collection after 31-Mar-22 = RM26M
- June 22 Collection = RM30M
- Q3 22 Collection = RM80M
- GENETEC finance team can monitor & trace the collection from customer's payment web portal. The money will come in by the time come.
- Genetec's Banker get ready RM300m trade facility to finance the upcoming order book. No issue on cash flow. Bank is happy to accept Customer T & Customer Z PO for the facility.