Bursa Announcements

ELK-Desa Resources berhad ("ELK-Desa Or The Company") Early Redemption by ELK-Desa Capital Sdn Bhd ("ELK-Desa Capital"), A Wholly-Owned Subsidiary Company Of ELK-Desa, Of RM40,500,000 In Nominal Value Of Junior Class Medium Term Notes ("Junior MTN") Under A RM1.0 Billion Medium Term Notes Programme Issued By Premier Auto Assets Berhad (MTN Programme).

BackDec 17, 2021
Type Announcement
Subject OTHERS
Description

ELK-DESA RESOURCES BERHAD ("ELK-DESA OR THE COMPANY") EARLY REDEMPTION BY ELK-DESA CAPITAL SDN BHD ("ELK-DESA CAPITAL"), A WHOLLY-OWNED SUBSIDIARY COMPANY OF ELK-DESA, OF RM40,500,000 IN NOMINAL VALUE OF JUNIOR CLASS MEDIUM TERM NOTES ("JUNIOR MTN") UNDER A RM1.0 BILLION MEDIUM TERM NOTES PROGRAMME ISSUED BY PREMIER AUTO ASSETS BERHAD (MTN PROGRAMME).

We refer to the Company's announcement dated 15 July 2019 and 19 July 2019 in relation to the Subscriptions ("Announcements"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcements.

 

The Board of Directors of ELK-Desa wishes to announce that the Junior MTN have been fully redeemed at its nominal value by ELK-Desa Capital as at 17 December 2021.

 

 

This announcement is dated 17 December 2021




Announcement Info

Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA
Date Announced 17 Dec 2021
Category General Announcement for PLC
Reference Number GA1-17122021-00033