Announcement (MNRB): OTHERS

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3 comment(s). Last comment by Ben Gan 2012-10-15 16:48

andyteng

457 posts

Posted by andyteng > 2012-10-15 13:32 | Report Abuse

snybody can explain this..not very understand

Ben Gan

107 posts

Posted by Ben Gan > 2012-10-15 13:48 | Report Abuse

In a nut shell, it means that the company is getting credit facility of 120 million from a bank, and it is issuing IOU (borrowing money) known as IMTN for its own use. For details, refer to the announcement.

Ben Gan

107 posts

Posted by Ben Gan > 2012-10-15 16:48 | Report Abuse

At the StarOnline today, there is another version. It says that MNRB plans sukuk of RM150 million and secures RM200 million credit.

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