REACH

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OTHERS Reach Energy Berhad ("REB" or "the Company") - Acceptance of Banking Facility of up to USD9.3 Million (Approximately RM37.2 Million) granted by RBK Bank

REACH ENERGY BERHAD

Type Announcement
Subject OTHERS
Description
Reach Energy Berhad ("REB" or "the Company") - Acceptance of Banking Facility of up to USD9.3 Million (Approximately RM37.2 Million) granted by RBK Bank

The Board of Directors of REB is pleased to announce that the Company's sub-subsidiary, Emir Oil LLP has accepted a credit line facility ("the Facility") comprising of term loan facility and revolving credit facility offered by Kazakhstan Bank, namely, Joint Stock Company Bank RBK upon the terms and conditions as stipulated under the Facility and other related agreements. 

 

 

Please refer to the attachment for the details of the Facility.

 

The announcement is dated 15 January 2021.

 




Please refer attachment below.



Announcement Info

Company Name REACH ENERGY BERHAD
Stock Name REACH
Date Announced 15 Jan 2021
Category General Announcement for PLC
Reference Number GA1-21122020-00055