OTHERS Corporate Guarantee to Supplier of Subsidiary Company, Ikta Sdn. Bhd.

DOMINANT ENTERPRISE BERHAD

Type

Announcement

Subject

OTHERS

Description

Corporate Guarantee to Supplier of Subsidiary Company, Ikta Sdn. Bhd.


Reference is made to the Announcement dated 3 March 2014 on a Corporate Guarantee of RM4,000,000  (Ringgit Malaysia : Four Million Only) in favour of Messrs. Hume Cement Sdn. Bhd. for the credit given for supply of goods to DOMINANT ENTERPRISE BERHAD’s (“DOMINAN”) wholly-owned subsidiary, Ikta Sdn. Bhd.

The  Board  of  Directors of  DOMINAN wishes  to  announce  that the above mentioned Corporate Guarantee had been cancelled AND THAT a fresh Corporate Guarantee of RM6,000,000 (Ringgit Malaysia : Six Million Only) in favour of Messrs. Hume Cement Sdn. Bhd. for the credit given for supply of goods to Ikta Sdn. Bhd. has been executed.

This Announcement is dated 30 January 2018.