DutaLand moneylending unit extends RM 30 million loan facilities to Olympia Industries to Aug. 2028

Sea Resorts Development, a moneylending unit of DutaLand, has signed supplemental agreements to extend RM 30 million in loan facilities to Olympia Industries. A RM 25 million facility was renewed for 24 months, and a RM 5 million facility was extended for 8 months and 8 days, setting the maturity date at August 22, 2028. The interest rate remains at 9% per annum, with repayment structured as monthly installments from the first disbursement. The facilities are secured by an existing package valued at RM 59.4 million, including land and share charges tied to Naturelle. The transaction is treated