1Malaysia Development Bhd’s (1MDB) subsidiary Powertek Investment Holdings Sdn Bhd, has fully settled the remaining RM3bil of an RM3.5bil syndicated term loan facility.
The loan facility was entered into in May 2014 with a syndicate of domestic banks, led by Maybank.
“It has now been fully prepaid, in advance of the original maturity date of May 2024, as part of the successful 1MDB rationalisation plan,” 1MDB said in a statement.
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The loan facility was entered into in May 2014 with a syndicate of domestic banks, led by Maybank.
“It has now been fully prepaid, in advance of the original maturity date of May 2024, as part of the successful 1MDB rationalisation plan,” 1MDB said in a statement.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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