Execution Of Islamic Financing Facility Agreements With MBSB Bank Berhad For An Aggregate Principal Amount Of Up To RM1,304,500,000.00
Type | Announcement |
Subject | OTHERS |
Description | Cypark Resources Berhad ("Cypark" or "the Company") - Execution of Islamic Financing Facility Agreements with MBSB Bank Berhad for An Aggregate Principal Amount of Up to RM1,304,500,000.00 |
Pursuant to Paragraphs 9.03 and 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Cypark wishes to announce that the Company and its wholly-owned subsidiary, Cypark Smart Technology Sdn. Bhd. ("CST"), have respectively secured Islamic financing facilities in the aggregate principal amount of up to RM1,304,500,000.00 (Ringgit Malaysia: One Billion Three Hundred Four Million and Five Hundred Thousand) (the “Facilities”) from MBSB Bank Berhad (“MBSB Bank”) pursuant to facility agreements entered into by MBSB Bank with the Company and CST, respectively, on 19 August 2025.
Please refer to the attachment below for further details on the Facilities.
Please also find attached herewith a press release dated 19 August 2025 titled, 'MBSB Bank Powers Malaysia's Clean Energy Future with RM 1.3 billion Islamic Financing to Cypark'.
This announcement is dated 19 August 2025.
Please refer attachment below.
Announcement Info
Company Name | CYPARK RESOURCES BERHAD |
Stock Name | CYPARK |
Date Announced | 19 Aug 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-18082025-00052 |
Attachments