Fiamma Holdings (KLSE:FIAMMA) and BKG Development have extended their joint venture repayment deadline by one month to Oct. 21, according to a Monday filing to the Malaysian stock exchange.
BKG Development has settled 110.7 million ringgit out of the total required amount to Fiamma Holdings, and the outstanding balance stood at 35.4 million ringgit as of Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.