MUIIND

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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.

 




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