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Ingress gets 6-months extension PDF Print E-mail

Tags: extension | Ingress | Sukuk

Written by Joseph Chin   
Thursday, 02 July 2009 17:22
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KUALA LUMPUR: INGRESS CORPORATION BHD [] has received a six-month extension to repay the first tranche of its sukuk amounting to RM50 million which was due July 9.

The company said on July 2 the sukuk holders, had at its EGM, approved the resolution to extend the maturity date to Jan 9 next year.

"The approved six months extension is to enable the company to formulate and finalise a comprehensive financial restructuring plan for the whole of the Ingress group," it said.
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Last Updated on Thursday, 02 July 2009 17:24
 

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