Reshmi Khurana, Managing Director and Head of Southeast Asia in the Business Intelligence and Investigations practice at Kroll, a division of Duff & Phelps, spoke to The Business Times and gave initial reactions to Honestbee’s latest plans to sublease part of their current office space for coworking and its latest hires at the management level.
"It sounds like a classic strategy to try and monetise the existing assets, to try and go over the existing cash crunch,” Reshmi said. She also commented “but in the long term, prospective investors and other creditors are not going to see this as a long-term solution; (Honestbee) is not in the real estate business."
Subscribers of The Business Times can read the article here.
