OTHERS 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
REACH ENERGY BERHAD |
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 |
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. |
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 |