Maxim unit takes out RM76mil loan


KUALA LUMPUR: Maxim Icon Sdn Bhd, a 70% subsidiary of Maxim Global Bhd, has carried out a borrowing agreement with Maybank Islamic Bhd worth RM76mil.

In a filing with Bursa Malaysia yesterday, the property developer said the loan will partially fund the acquisition of two freehold land parcels with a combined size of 2.35ha or 5.8 acres, in Mukim Damansara, Selangor.

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