OTHERS Corporate Guarantees

DOMINANT ENTERPRISE BERHAD

Type Announcement
Subject OTHERS
Description
Corporate Guarantees

The Board of Directors of Dominant Enterprise Berhad ('DOMINAN') wishes to announce that two (2) Corporate Guarantees (Fresh Corporate Guarantee that supersede existing Corporate Guarantee) totaling RM22,000,000 (Ringgit Malaysia : Twenty Two Million Only) in favor of Affin Bank Berhad (“AFFIN”) to guarantee AFFIN for the revised banking facilities granted to the following DOMINAN’s wholly-owned subsidiary companies :

   Subsidiary Company

    Amount of Corporate Guarantee 

   Bripanel Industries Sdn. Bhd.

    RM11,000,000

   Premier Woodprofile Sdn. Bhd.

    RM11,000,000