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OTHERS TADMAX RESOURCES BERHAD ("TRB" or "the Company") - BORROWING OF FUND BY WHOLLY OWNED SUBSIDIARY, MIZUMI DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TADMAX COASTAL SDN BHD)

TADMAX RESOURCES BERHAD

Type Announcement
Subject OTHERS
Description
TADMAX RESOURCES BERHAD ("TRB" or "the Company")
- BORROWING OF FUND BY WHOLLY OWNED SUBSIDIARY, MIZUMI DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TADMAX COASTAL SDN BHD)

Pursuant to Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TRB wishes to announce that Mizumi Development Sdn Bhd (formerly known as Tadmax Coastal Sdn Bhd) (“MDSB”), a wholly owned subsidiary of the Company has on 15 October 2019 accepted a Banking Facility of Ringgit Malaysia Twenty Nine Million and Five Hundred Thousand (RM29,500,000.00) only granted by United Overseas Bank (Malaysia) Bhd (“UOB”) (“the TL Facility”).

 

Please refer to the attachment for further information.

 

This announcement is dated 15 October 2019.




Please refer attachment below.



Announcement Info

Company Name TADMAX RESOURCES BERHAD
Stock Name TADMAX
Date Announced 15 Oct 2019
Category General Announcement for PLC
Reference Number GA1-15102019-00013



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