KUALA LUMPUR: Silver Bird Group Bhd’s wholly-owned subsidiary Standard Confectionery Sdn Bhd has received a letter from Shook Lin & Bok, the solicitors of Malaysia Building Society Bhd
(MBSB) demanding payment for an outstanding amount owed to the latter of RM19,635,638.72 including interests.
“This default has already been announced on April 6 under Practice Note 1,” Silver Bird said in a statement to Bursa Malaysia, adding that it was still in the midst of evaluating options to formulate a plan to address this default issue.
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