JOHORE TIN BERHAD (JTB) CORPORATE GUARANTEES – HSBC BANK MALAYSIA BERHAD

JOHORE TIN BERHAD

 

Type Announcement
Subject OTHERS
Description
JOHORE TIN BERHAD (JTB)
CORPORATE GUARANTEES - HSBC BANK MALAYSIA BERHAD

The Board of Directors of Johore Tin Berhad (“JTB”) wishes to announce that the Company has agreed to provide the following Corporate Guarantees in favour of HSBC Bank Malaysia Berhad (“HSBC”) to secure the Banking Facilities granted by HSBC to Able Dairies Sdn Bhd (wholly-owned subsidiary of the Company).

1) Corporate Guarantee Amount : USD5,000,000.00 (United States Dollars: Five Million only)

2) Corporate Guarantee Amount : RM3,500,000.00 (Malaysia Ringgit: Three Million and Five Hundred Thousand only)

This announcement is dated 14 August 2015.


Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 14 Aug 2015
Category General Announcement for PLC
Reference Number GA1-05082015-00019