Samudra issues 12m ICULS to Maybank under debt settlement


KUALA LUMPUR: Kejuruteraan Samudra Timur Bhd has issued 12 million loan stocks with a total value of RM12mil to Malayan Banking Bhd (Maybank).

It said on Friday the RM12mil irredeemable convertible unsecured loan stocks of RM1 each were issued under a debt settlement agreement.

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