Picture of Yongnam Holdings logo

AXB Yongnam Holdings News Story

0.000.00%
sg flag iconLast trade - 00:00
IndustrialsBalancedMicro Cap

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;))

Recent news on Yongnam Holdings

See all news