PPB provides loan to FFM

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

KUALA LUMPUR: PPB Group Bhd is providing up to RM300mil standby revolving shareholder’s loan to its 80%-owned flour unit, FFM Bhd to meet its short-term working capital requirements.

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