We refer to the announcements dated 2 July 2018, 27 July 2018 and 31 July 2018. Unless otherwise defined, the definitions set out in the said announcements shall apply herein.
The Board of Directors of Parlo wishes to announce that the Profit Guarantor and Thirty Keystone had on 1 August 2018, received the notification from the Stakeholder on the Shortfall of RM1,261,280. The Profit Guarantor is liable to the Company to settle the said Shortfall within 14 business days from the date of the notification (i.e, by 21 August 2018) or any other period as may be granted by the Company.
This announcement is dated 1 August 2018.