Perak Corp under PN17


  • Corporate News
  • Wednesday, 12 Feb 2020

In a filing with Bursa Malaysia yesterday, the company announced it had triggered the prescribed criteria after it defaulted in the payment of the Musharakah Mutanaqisah Term Financing-i and Tawarruq Revolving Credit-i of up to RM100mil.

KUALA LUMPUR: Perak Corp Bhd has become an affected issuer under Practice Note 17 (PN17) under the Main Market listing requirements of Bursa Malaysia Securities.

In a filing with Bursa Malaysia yesterday, the company announced it had triggered the prescribed criteria after it defaulted in the payment of the Musharakah Mutanaqisah Term Financing-i and Tawarruq Revolving Credit-i of up to RM100mil.

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Perak Corp , ON17 , Bursa , Main Market ,

   

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