Astaka Holdings Secures RM170 Million Loan for Development Projects
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Astaka Holdings Ltd. has secured a shareholders’ loan agreement for up to RM170 million to support its joint venture, Astaka Kimlun Sdn. Bhd., in ongoing development projects. This interest-bearing unsecured loan aims to enhance the company's operational capabilities and strengthen its position in the property development market. Astaka Holdings, based in Singapore, focuses on real estate development through its subsidiaries. The company's current market cap is S$52.34 million, with a year-to-date price performance of -6.67%.
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