General Announcement

17/01/2002

Acceptance of Banking Facilities granted by OCBC Bank (Malaysia) Berhad ("OCBC")

KOSSAN RUBBER INDUSTRIES BERHAD

TypeAnnouncement
SubjectAcceptance of Banking Facilities granted by OCBC Bank (Malaysia) Berhad ("OCBC")

Contents :

The Board of Directors of Kossan Rubber Industries Bhd. (48166-W) ("KRIB") wishes to announce that Kossan Latex Industries (M) Sdn Bhd, a wholly owned subsidiary, has accepted an additional trade line of RM1.0 million from OCBC for working capital purposes.


KRIB will provide a corporate guarantee of RM1.0 million in favour of OCBC.

This announcement is dated 17 January 2002.


Announcement Info

Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN
Date Announced17 Jan 2002  
CategoryGeneral Announcement
Reference NoKR-020117-56954

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