PPB to provide standby revolving loan of up to RM300mil to FFM


KUALA LUMPUR: PPB Group Bhd is providing up to RM300 million standby revolving shareholder’s loan to its 80 per cent-owned flour unit, FFM Bhd to meet its short-term working capital requirements.

In a filing with Bursa Malaysia today, PPB said the tenure of the proposed loan is for a period of up to six months and repayable on demand.

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