JTA in papers

Octyman · March 13, 2002

aiyah... they have done it again. Was reading about them in the business times today. I wonder who will take over the franchise. Any guesses?

Fabiaman · March 13, 2002

Yeah, more information on their plight and how they are trying to divert the disaster away from their path....

Some snippets:

BESIEGED Skoda agent JTA Motors suffered another blow recently when a credit-rolling plan it devised using its car rental affiliate skidded.

Mr Lim (of JTA) acknowledged that he should have wound down his other businesses earlier to improve cash flow - something he is doing now.

Mondeo · March 13, 2002

No long U may see either UOB or OCBC will take over them. [:/]

Turbobrick · March 13, 2002

DBS lah, biggest SG player at this moment.

Octyman · March 14, 2002

eh... pardon me. How can a bank take over a car distributor? What's in it for them? Except money owed?

Turbobrick · March 14, 2002

Paiseh, we toking c**k lah [:p]

Edited March 14, 2002 by Turbobrick

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