Restructuring & Rescheduling for Resilience
As part of our continuous efforts to maximize the potential of our business, the East West One Group is currently in the process of developing a comprehensive restructuring & rescheduling plan. This plan is designed with our commitment to sustainable growth and understanding that the Group’s obligations must be met. Rest assured that the Group appreciates the challenges faced by its Planters and this plan is aimed to turn these challenges into better opportunities for all parties involved.
Our restructuring and rescheduling plan will address key issues we’re facing, with a focus on:
Enhancing operational efficiency: We are committed to reviewing our processes and systems to identify areas of improvement to increase efficiency.
Streamlining workforce management: We are seeking solutions to address our workforce shortage, and strategies to optimize our existing workforce to minimize losses.
Strengthening crop yield and quality: We are looking into advanced agronomic practices and innovative technologies that could help improve our crop yield and the health of our palm trees.
Optimizing financial resources: We are exploring various financial strategies to improve liquidity, reduce costs, and ensure the financial sustainability of our operations.
The specifics of our restructuring plan will be shared in due course. We appreciate the patience and understanding of our stakeholders as we navigate through these challenging times and work diligently towards a more robust, resilient, and sustainable future for the East West One Group.
Please check back for updates, and don’t hesitate to reach out to us at enquiries@eastwestone.com if you have any questions or concerns.
Please note: The information above is subject to change as we continue to refine our strategies based on continuous evolving situations and market conditions.