Country Heights defaults on RM89.67 million payment for Islamic financing facilities
KUALA LUMPUR (Aug 14): Country Heights Holdings Bhd, the property developer founded by tycoon Tan Sri Lee Kim Yew, has defaulted on the payment of Islamic term financing facilities totalling RM89.67 million provided by MBSB Bank Bhd. The default by the group’s indirect wholly-owned units, Mines Waterfront Business Park Sdn Bhd (MWBP) and Mines International…
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