KUALA LUMPUR: Ireka Corporation Bhd
(ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.
In a filing with Bursa Malaysia today, ICB said the default relates to financing facilities originally granted to its former wholly-owned subsidiary, Ireka Engineering & Construction Sdn Bhd (IECSB), which has since been wound up.
