Olympia Industries RM20 Million Credit Facility From OSK Capital, Uses Land As Guarantee

Source: Business Today

Olympia Industries Bhd accepted a RM20 million credit facility from OSK Capital. The facility will finance working capital and other approved purposes. The borrowing is secured against a freehold property.

What it means for buyers, tenants and investorsShareholders of Olympia Industries can check the company's financial reports to assess the impact of this credit facility on its financial position.

What it means for Japanese buyers

Olympia Industries Bhd accepted a RM20 million credit facility from OSK Capital.

This affects Olympia Industries shareholders, who can check financial reports for the impact.

Japanese investors can consider the 4% stamp duty and 30% Real Property Gains Tax when buying Malaysian property.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.

Key facts

CompaniesOSK Holdings
AreasNationwide
SectionCompanies
Date
SourceBusiness Today ↗

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