Brief: Yongnam Holdings Says Unit Received Letter Of Demand From Malayan Banking Berhad
Sept 7 (Reuters) -
Yongnam Holdings:
* UNIT RECEIVED A LETTER OF DEMAND FROM ATTORNEY OF MALAYAN
BANKING BERHAD
* LETTER OF DEMAND IN RELATION TO OUTSTANDING PAYMENTS DUE
UNDER
THREE LOAN FACILITIES EXTENDED TO UNIT BY MBB
* LOD STATES THAT YEC IS INDEBTED TO MBB OF 15.9 MILLION RGT
AS AT
31 JULY 2023
* LOD IS DEMANDING REPAYMENT OF OUTSTANDING SUM WITHIN 14
DAYS
FROM 5 SEPTEMBER
Source text for Eikon: ID:nSNbD6Mvl
Further company coverage: MBBM.KL
((Reuters.Briefs@thomsonreuters.com;))
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