MUIIND

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OTHERS MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "COMPANY") ACCEPTANCE OF TERM-LOAN FACILITY OF USD20.0 MILLION BY MUI MEDIA LTD, A WHOLLY-OWNED SUBSIDIARY OF MUIB

MALAYAN UNITED INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "COMPANY")
ACCEPTANCE OF TERM-LOAN FACILITY OF USD20.0 MILLION BY MUI MEDIA LTD, A WHOLLY-OWNED SUBSIDIARY OF MUIB

Pursuant to Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MUIB wishes to announce that MUI Media Ltd (“MML”), a wholly-owned subsidiary of MUIB, has on 9 October 2025 accepted a new term-loan facility of USD20.0 million granted by Indies Special Opportunities IV Ltd (“Lender”) (“Term-Loan Facility”). The purpose of the Term-Loan Facility is to partially finance costs and expenses incurred in connection with the capital expenditure works of Plaza On Hyde Park Limited (“POHPL”) (a wholly-owned subsidiary of London Vista Hotel Limited which is in turn a wholly-owned subsidiary of MML), to meet general corporate working capital requirements and to refinance certain existing Malaysian banking facilities. Please refer to the attachment for further information.

 

This announcement is dated 9 October 2025.




Please refer attachment below.



Announcement Info

Company Name MALAYAN UNITED INDUSTRIES BERHAD
Stock Name MUIIND
Date Announced 09 Oct 2025
Category General Announcement for PLC
Reference Number GA1-08102025-00078