Meta Bright Group (KLSE:MBRIGHT) said its units - Expogaya, and Jesselton Concrete - secured and aggregate 43.8 million ringgit in banking facilities from Hong Leong Bank (KLSE:HLBANK).
Expogaya accepted banking facilities comprising 5 million ringgit in industrial hire purchase facility, a 2 million forward exchange contract facility, and
a 23.4 million ringgit worth of various credit facilities.
Meanwhile, Jesselton Concrete bagged 1 million ringgit in industrial hire purchase facility, and 12 million ringgit in various credit facilities from the lender.
Shares dropped over 3% on Monday's close.
Price (MYR): $0.14, Change: $-0.0050, Percent Change: -3.45%
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