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John Loh asked 5 years ago

Are the following considered as debt item?
a) Financial lease obligation , secured
b) Loan from minority shareholders of subsidaries

1 Answers
Victor Chng answered 5 years ago

Hi John
When we look at debt they are usually notes, bank borrowing and bonds. You can take the financial lease obligation into account in order to be conservative in your calculation. As for loan from minority shareholder, we usually don;t treat it as debt