Astro unit Measat gets RM613mil loan


KUALA LUMPUR: Astro Malaysia Holdings Bhd’s wholly-owned subsidiary, Measat Broadcast Network Systems Sdn Bhd, has accepted a loan of RM613mil from the Bank of Tokyo-Mitsubishi UFJ (M) Bhd.

“We anticipate drawdowns will occur in two tranches during the fourth and first quarters of the financial years ending Jan 31, 2018 and Jan 31, 2019 respectively,” said Astro in a filing with Bursa Malaysia yesterday.

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