The loan will be aimed at refinancing PRGL’s existing loans.
PETALING JAYA: Parkson Retail Group Ltd (PRGL), a 54.97% owned subsidiary of Parkson Holdings Bhd
, has entered into a loan agreement in relation to a syndicated loan facility worth an aggregate RM1.6il.
The loan is for a term of 36 months commencing from the first drawdown date and will be aimed at refinancing PRGL’s existing loans.
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