Financing risk. The Group is deemed to be sufficiently funded. However, additional capital needs, due to for example unforeseen costs and/or larger capital expenditures than expected, cannot be ruled out. There is a risk that the Group cannot satisfy such additional capital need on favorable terms, or at all, which could have an adverse effect on the Group’s business financial condition, operations and earnings.
Financing risk. The Company currently does not have enough working capital to satisfy its capital needs. The Company is dependent upon investors to fund its ongoing operations, and cannot be certain that future financing will be available to it on acceptable terms when it needs it. The Company can give no assurances that it will be able to raise adequate funding to reach cash flow break even. If the Company is unable to obtain financing to meet its needs, the Subscriber may lose of its investment.
Financing risk. Sentoria intends to finance the Proposals and the associated development costs through a mixture of internally generate funds and/or external bank borrowings. Taking up additional bank borrowings would expose the Group to interest rate and debt servicing risks while any utilization of internal funds is expected to result in a reduction of funds available for working capital purposes, which may have an adverse effect on the Group’s cash flow position. The Board will endeavor to manage its cash flow position and funding requirements prudently, to address the aforementioned risks.
Financing risk. The Group is deemed to be sufficiently funded following the completion of the Recent Equity Issue. However, additional capital needs, due to for example unforeseen costs and/or larger capital expenditures than expected, cannot be ruled out. There is a risk that the Group cannot satisfy such additional capital need on favourable terms, or at all, which could have an adverse effect on the Group’s business, financial condition and equity returns. The Debt Facilities are two fixed 5 year bank loans, either through fixed interest rate agreements or interest rate swap agreements.
Financing risk. The QSPH Development and Proposed Development will be financed via bank borrowings and/or internally generated funds. With the use of bank borrowings, the Group may be exposed to risks associated to fluctuations in interest rate and repayment commitments. The interest rates of the borrowings are dependent on various factors, which include general economic and capital market conditions, credit availability from banks or other lenders, lenders’ confidence in the Group and political and social conditions in Malaysia. There can be no assurance that the necessary borrowings will be available in the amounts or on terms acceptable to the Group.
Financing risk. Moderate The Company will moderate amount of debt financing to enable Management to purchase and develop the retail Auntie Anne’s location and associated equipment. The landlord will require a significant rent deposit in order to establish the location as well. However, the highly predictable streams of revenue will allow Xxxxxx Xxxx’s to easily service the $184,000 of debt sought in this business.
Financing risk. The Group is deemed to be sufficiently funded following the completion of the Recent Equity Issue. However, additional capital needs, due to for example unforeseen costs and/or larger capital expenditures than expected, cannot be ruled out. There is a risk that the Group cannot satisfy such additional capital need on favourable terms, or at all, which could have an adverse effect on the Group’s business, financial condition and equity returns. As further described in this Company Description, Closing of the acquisition of the Target Company owning a part of the property Kävlinge Sandhammaren 1 is intended to occur during Q1 2017. The credit approval from the bank, and therefore the commitments under the Debt Facility, is only valid for six months. This means that the Company will have to apply for a new credit approval with the bank before the relevant Closing date of the acquisition of the Target Company owning part of the property Kävlinge Sandhammaren 1. There is a risk that the bank granting the Debt Facility, or any other bank if the Company has applied for funding elsewhere, will not grant a new credit approval if, inter alia, the property has lost value or the general terms of the debt market has adversely changed. The Share Purchase Agreement in relation to the Target Company owning part of the property Kävlinge Sandhammaren 1 contains a clause stating that committed finance is a condition for Closing (i.e. finance out clause). If the Company is unable to renew its credit approval, both parties have an individual right to cancel the relevant Share Purchase Agreement. Should the Midroc Vendor exercise its right to cancel the relevant Share Purchase Agreement and Closing of the relevant acquisition does therefore not occur there is a risk that the Group's financial condition and equity returns will be adversely affected. Furthermore, in the event that the Company is unable to receive a new credit approval from the bank granting the Debt Facility, and both the Company and the relevant Midroc Vendor are seeking to complete the relevant acquisition, the Company will have to apply for funding from another bank. There is a risk that such other bank will grant funding on less favourable terms than the bank granting the Debt Facility, or not grant funding at all, which could adversely affect the Group´s financial condition, cash flow and equity returns.
Financing risk. The development costs of the development under the Proposed Joint Ventures are to be borne by SYFD and are expected to be funded through a combination of internally generated funds and/or bank borrowings. If bank borrowings are secured to fund the development costs, the gearing level of the Group will increase and any adverse movement in the interest rates may have a significant impact on the project costs which could adversely affect the Group’s financial performance in the future. Nonetheless, the management of SYF will continuously monitor and adjust development and marketing strategies in response to changes in economic conditions and market demand and that the Proposed Joint Ventures are carried out with due care and proper judgement.
Financing risk. LYC Medicare may finance its subsequent funding and capital requirements, if required at later stage, through internally generated funds and/ or external borrowings, of which the exact breakdown of funding can only be determined at a later stage. Incurring any additional bank borrowings to finance the said funding and capital requirements will expose LYC Group to interest rate and debt servicing risks whilst any utilisation of internally generated funds may result in a reduction of funds available for the Group's working capital purpose.
Financing risk. As mentioned in Section 3.6 herein, the associated development costs to be incurred for the Project shall be funded by SESB through a combination of internally generated funds by the Project, external bank borrowings and/or shareholders’ advances. Incurring additional bank borrowings will correspondingly increase the borrowing and gearing level of the Group. It would expose the Group to interest rate and debt servicing risks while any utilisation of internal funds is expected to result in a reduction of funds available for working capital purposes, which may have an adverse effect on the Group’s cash flow position. Nevertheless, the Board will endeavour to manage its cash flow position and funding requirements prudently to address the above risks.
