News in brief

  • Business
  • Thursday, 13 Feb 2003

  • Country Heights Holdings Bhd (CHHB) has received notification that 13 out of the 17 bondholders had accepted Tan Sri Lee Kim Yew’s personal offer to purchase the RM200mil redeemable bonds (1996/2005), it said in its filing to the KLSE.  

    The bondholders include Maybank (Nominees) Sdn Bhd which holds 28% of a total nominal value of RM160mil; Universal Trustee (M) Bhd - A/C Mayban Balanced Trust Fund (6%); Universal Trustee (M) Bhd - A/C Maybank Income Trust Fund (4%); Affin Bank Bhd (4%); and Prudential Assurance Malaysia Bhd (4%). – Bernama 

  • REPCO HOLDINGS BHD has not received any approval from the KLSE on the company's application for an extension of time until July 31, 2003, to enable the company to regularise its financial condition. As announced on Feb 10, 2003, the company is awaiting the KLSE response to the application.  

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