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Acceptance Of Loan Facility Of USD6.4 Million (Approximately RM30.3 Million) Granted To Sub-subsidiary, Emir-Oil LLP
BackApr 23, 2024
| Type | Announcement |
| Subject | OTHERS |
| Description | Reach Energy Berhad ("REB" or "the Company") ACCEPTANCE OF LOAN FACILITY OF USD6.4 MILLION (APPROXIMATELY RM30.3 MILLION) GRANTED TO SUB-SUBSIDIARY, EMIR-OIL LLP |
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The Board of Directors of Reach Energy Berhad ("REACH" or "the Company") is pleased to announce that the Company's sub-subsidiary, Emir-Oil LLP ("EO" or "Emir-Oil") has accepted a loan facility of USD6.4million (approximately RM30.3million)("the Facility") offered by RG-HCPI Fund, a registered sub-fund of RG Strategy Fund VCC, incorporated in the Republic of Singapore, upon the terms and conditions as stipulated under the loan agreement.
Please refer attachment for the details. |
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Please refer attachment below.
Announcement Info
| Company Name | REACH ENERGY BERHAD |
| Stock Name | REACH |
| Date Announced | 23 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23042024-00039 |
Attachments
- REB_-_Acceptance_of_Loan_from_Third_Party_-_20230423_20240423.pdf (Size: 115,657 bytes)