Hytex agrees to accept cash advance of RM50mil


PETALING JAYA: Financially-troubled garment maker Hytex Integrated Bhd has agreed to accept a RM50mil cash advance offer from Trackland Sdn Bhd to revive its business.

Of the amount, RM45mil will be used to pay off its debts and the balance RM5mil will be set aside for working capital.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , hytex , cash advance , trackland

   

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