Jacky Ong's comment on WELLCHIP. All Comments

Jacky Ong
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receivable 这样高,九亿哦,不知道会不会爆雷?还是投资其它公司好。
Peng Zhong Wong
Under Malaysian Financial Reporting Standards (MFRS 9), any money owed to a company from its core, day-to-day business operations must be classified as a trade receivable. Since lending money against gold is Well Chip's core "trade," the customer loan book defaults into this category instead of being called a conventional bank loan.
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