Chailease : Announcement on providing a parent company guarantee for subsidiary Chailease Berjaya Credit Sdn. Bhd. and entering into a Guarantee Agreement
Announcement on providing a parent company
guarantee for subsidiary Chailease Berjaya Credit
Sdn. Bhd. and entering into a Guarantee Agreement
Date of events
2022/03/30
To which item it meets
paragraph 10
Statement
1.Date of occurrence of the event:2022/03/30
2.Counterparty to the contract or commitment:CIMB Investment Bank Berhad
and OCBC Bank (Malaysia) Berhad are jointly served as the Advisers and
Arrangers
3.Relationship with the Company: No
4.Starting and ending dates (or rescission date) of the
contract or commitment:NA
5.Major content (not applicable where rescinded):
Chailease Berjaya Credit Sdn. Bhd. is going to enter into a no more than
MYR 1 billion Medium Term Notes Programme Agreement as mentioned in item 2,
guaranteed by Chailease Holding Limited.
6.Restrictive covenants (not applicable where rescinded):No
7.Commitment (not applicable where rescinded):No
8.Any other important agreement (not applicable where rescinded):No
9.Effect on company finances and business:
To expand funding sources and business scale of Chailease Credit Berjaya
Sdn. Bhd.
10.Concrete purpose/objective:
For working capital and general corporate purposes.
11.Any other matters that need to be specified:None
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Disclaimer
Chailease Holding Company Ltd. published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 09:14:03 UTC.
Chailease Holding Company Limited is a Taiwan-based company principally engaged in traditional leasing, installment payment and receivables transfer businesses. The Company is also involved in heavy-vehicle financing, minibus financing, construction equipment financing, fishing and cargo financing, micro-enterprise financing, non-performing loan purchase, real estate financing, office equipment leasing, medical equipment financing, car leasing, energy-saving project financing, solar power plant financing and investment, inventory financing, aircraft and ship financing, insurance brokerage and oil related businesses. The Company operates its businesses in domestic market and overseas markets, such as Thailand.
Chailease : Announcement on providing a parent company guarantee for subsidiary Chailease Berjaya Credit Sdn. Bhd. and entering into a Guarantee Agreement
CHAILEASE HOLDING COMPANY LIMITED 
