Ann Joo aims to achieve zero-borrowing in US dollar


PETALING JAYA:  Local steel maker Ann Joo Resources Bhd, hopes to achieve zero-borrowings in US dollars for its Malaysian operations by August due to the weakening of the ringgit.

Ann Joo's US dollar borrowings currently stands at about US$53 million.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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