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