Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Rosetec Investments Limited (“Rosetec”), a wholly-owned subsidiary of MIB, has secured a loan facility of AUD50 million (equivalent to approximately RM151.17 million) from Deutsche Bank AG, Australia for the purpose of repayment of existing loans, funding of development costs and general working capital.
Rosetec, a company incorporated in British Virgin Islands, has an authorised and paid-up share capital of USD50,000/- and USD1/- respectively. The principal activity of Rosetec is investment holding.
This announcement is dated 20 June 2014.