RM1.6bil loan for Parkson Retail

The loan will be aimed at refinancing PRGL’s existing loans.

PETALING JAYA: Parkson Retail Group Ltd (PRGL), a 54.97% owned subsidiary of Parkson Holdings Bhd, has entered into a loan agreement in relation to a syndicated loan facility worth an aggregate RM1.6il.

The loan is for a term of 36 months commencing from the first drawdown date and will be aimed at refinancing PRGL’s existing loans.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Parkson , LoanAgreement , Refinancing , TanSriWilliamCheng

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