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ADDENDUM ANNOUNCEMENT FROM METHANOL CHEMICALS CO. RELATED TO SIGNED THE RESTRUCTURING OF MURABAHA FACILITY AGREEMENT OF SAR 327.685 MILLION AND BILATERAL LOAN AGREEMENT OF SAR 309 MILLION WITH BANKS

  • 30 August 2016
  • Author: raj
  • Number of views: 3458
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Further to the announcement of Methanol Chemical Co. (Chemanol) published on Tadawul website on 26 Thul Qidaa, 1437 A. H corresponding to 29 August 2016 G related to signed the Restructuring of Murabaha Facility Agreement of SAR 327.685 million and Bilateral Loan Agreement of SAR 309 million with Consortium of Banks , the Company announces that The new rescheduling is based on same conditions with assignment of technology rights , insurance and residual proceed for plant and machinery as provided in the earlier restructuring which published on Tadawul website on 05 June ,2011 .

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