Shell Refining in midst of settling short-term loan of RM450mil


KUALA LUMPUR: Shell Refining Co (Federation of Malaya) Bhd's (SRC) is in the midst of settling its short-term loan of RM450mil by year-end.

 SRC had in 2010 obtained the RM450mil loan to be used as working capital. It is required to make the interest payment via 20 quarterly installments and a bullet repayment.

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

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

QSR Brands temporarily shuts down over 100 KFC stores nationwide due to boycotts
Most Asian currencies muted; stocks gain ahead of Fed rate decision
Meta Bright secures RM28mil financing from AmBank
Tex Cycle partners Evolusi Bersatu for Sabah's first integrated waste management facility
Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns
Boost EMS sector in Sarawak
Not timely to water down issue
SC partners IsDB to advance Islamic capital market, social finance
TA Securities values ACE Market-bound Sin-Kung at 16.5 sen
ACE Market-bound Kawan Renergy aims to raise RM33mil from IPO

Others Also Read