KUCHING: YKGI Holdings Bhd is to settle outstanding debt of US$8mil (RM32.74mil) due to its major shareholder Marubeni-Itochu Steel Inc (MISI) by April 2020.
MISI, which has a 26.6% stake in YKGI, is equally owned by Japan’s Marubeni Corp and Itochu Corp, both are listed on the Tokyo Stock Exchange.
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