Daya Materials defaults on debt payment, this time to Public Bank
The Edge Markets - Malaysia·2019-10-31 23:20
KUALA LUMPUR (Oct 31): Practice Note 17 (PN17) company Daya Materials Bhd says today it has defaulted RM65,171.14 in debt repayment to Public Bank Bhd due to “cash flow constraint”.
In a bourse filing, the group said it has received a notice of demand and intention to repossess from Public Bank.
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