JOHORE TIN BERHAD (“JTB” or “the Company”) – CORPORATE GUARANTEE – MALAYAN BANKING BERHAD

JOHORE TIN BERHAD

 

Type Announcement
Subject OTHERS
Description
JOHORE TIN BERHAD ("JTB" or "the Company")
- CORPORATE GUARANTEE - MALAYAN BANKING BERHAD

The Board of Directors of JTB wishes to announce that the Company has agreed to provide a Corporate Guarantee of USD5,500,000-00 (United States Dollars: Five Million and Five Hundred Thousand Only) and RM2,000,000-00 (Ringgit Malaysia: Two Million Only) in favour of Malayan Banking Berhad (“Maybank”) to secure the Facility granted by Maybank to Johore Tin Factory Sendirian Berhad, a wholly-owned subsidiary of the Company.

This announcement is dated 29 November 2016.


Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 29 Nov 2016
Category General Announcement for PLC
Reference Number GA1-29112016-00039