OTHERS MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "COMPANY") ACCEPTANCE OF LOAN FACILITY OF RM15,000,000 GRANTED BY WEST SYNERGY SDN BHD TO MUIB
MALAYAN UNITED INDUSTRIES BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "COMPANY") ACCEPTANCE OF LOAN FACILITY OF RM15,000,000 GRANTED BY WEST SYNERGY SDN BHD TO MUIB |
MUIB wishes to announce that the Company has on 11 August 2020 entered into a loan agreement (“Loan Agreement”) with West Synergy Sdn Bhd (“WSSB” or “Lender”) for a loan facility of RM15,000,000 (“Facility”) to MUIB. WSSB is an indirect 60%-owned subsidiary of MUI Properties Berhad (“MUIP”), which is in turn a 72.97%-owned subsidiary of MUIB. Please refer to the attachment for further information.
This announcement is dated 11 August 2020.
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Please refer attachment below.
Announcement Info
Company Name | MALAYAN UNITED INDUSTRIES BERHAD |
Stock Name | MUIIND |
Date Announced | 11 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-11082020-00074 |