JOHORE TIN BERHAD – CORPORATE GUARANTEE IN FAVOUR OF OCBC AL-AMIN BANK BERHAD

JOHORE TIN BERHAD
Type Announcement
Subject OTHERS
Description JOHORE TIN BERHAD
– CORPORATE GUARANTEE IN FAVOUR OF OCBC AL-AMIN BANK BERHAD
The Board of Directors of Johore Tin Berhad (“JTB”) wishes to announce that the Company has agreed to provide Corporate Guarantees of SGD3,675,000.00 and RM990,000.00 in favour of OCBC Al-Amin Bank Berhad (“OCBC Al-Amin”) to secure the IMBT Industrial Hire Purchase-i Facility (“IHP-i) (with Letter of Credit-i Facility & Foreign Exchange Line-i) granted by OCBC Al-Amin to Johore Tin Factory Sendirian Berhad, a wholly-owned subsidiary of the Company.This announcement is dated 4 July 2013.


Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 4 Jul 2013
Category General Announcement
Reference No CJ-130627-37144