Englotechs secures extension of financial ratio breach cure period

By Caroline Salls

Pittsburgh, June 13 - Englotechs Holding Bhd.'s board of directors said the company has secured an extension of the cure period related to a financial ratio breach and failure to top-up the finance service reserve account on its RM 50 million Murabahah medium-term notes, according to a company news release.

The noteholders have also agreed to extend the company's deadline for obtaining new financing facilities.

Englotechs is a Kulim, Malaysia-based investment holding company.

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