Investor Relations - News
New Medium Term Bank Facility Secured For Subsidiary Companies
BackApr 27, 2012
The Board of Directors of MTQ Corporation Limited ("MTQ") is pleased to announce that the Premier groups of companies have accepted a USD13.5 million three years committed multi-currency revolving credit facility ("Facility") offered by DBS Bank Ltd. Cost of utilization of the Facility is at market rate. The Facility is secured by corporate guarantee issued by MTQ.The Facility will be deployed by the Premier groups of companies for working capital and general corporate purposes.
BY ORDER OF THE BOARD
MTQ CORPORATION LIMITED
DOMINIC SIU MAN KIT
COMPANY SECRETARY
27 APRIL 2012