OTHERS DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (DEFAULT IN PAYMENT TO OCBC AL-AMIN BANK BERHAD)

Type

Announcement

Subject

OTHERS

Description

DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (DEFAULT IN PAYMENT TO OCBC AL-AMIN BANK BERHAD)

The Board of Directors of Brahim’s Holding Berhad (“BHB” or “the Company”) wishes to announce that the Company is not able to fully settle the overdue rental sum of RM49,880,001.41 as at 1 April 2021 as requested by the OCBC Al-Amin Bank Berhad (“OCBC”) under an Ijarah Muntahiah Bi Al-Tamlik Term-Financing-i granted by OCBC to BHB.

 

Please refer to the attachment below for further details on the default in payment.




Please refer attachment below.