HLFG lodges RM5bil commercial papers programme with SC


KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG) has lodged a RM5 billion commercial papers (CP) programme with the Securities Commission Malaysia under the lodge and launch framework.  

In a filing with Bursa Malaysia, HLFG said proceeds from the CP issuance would be used for on-lending and investments in its subsidiaries, working capital, general investments, corporate purposes, and refinancing existing financing obligations or CPs issued under the programme.  

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