Multifield intl (00898) announced that on November 11, 2024, the company entered into a company guarantee with the lender as the beneficiary...
Wise Finance app news, Multifield intl (00898) announced that on November 11, 2024, the company provided a guarantee to the lender as the beneficiary for the 49% repayment obligation of the borrower (Torus Development Sdn. Bhd, an indirect non-wholly-owned subsidiary of Eastern Prosperity with 49% equity) under the loan agreement. The maximum principal amount of the loan is 0.141 billion ringgit, which will be used by the borrower for the acquisition and development of the land.