General Announcement

03/10/2001

Acceptance of Banking Facilities granted by EON Bank Berhad ("EBB")

KOSSAN RUBBER INDUSTRIES BERHAD

TypeAnnouncement
SubjectAcceptance of Banking Facilities granted by EON Bank Berhad ("EBB")

Contents :

The Board of Directors of Kossan Rubber Industries Bhd. (48166-W) ("KRIB") wishes to announce that KRIB has accepted a banking facilities of RM6.0 million consisting of overdraft (RM0.5 million), trade lines (RM5.0 million) and Foreign Exchange line (RM0.5 million) as standby facilities for working capital purposes.


The holding Company, Kossan Holdings (M) Sdn. Bhd. (281815-M) will provide a corporate guarantee of RM5.5 million in favour of EBB.


Announcement Info

Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN
Date Announced3 Oct 2001  
CategoryGeneral Announcement
Reference NoKR-011003-58982

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