Olympia Industries extends SRDSB RM25 million loan tenure to five years under supplemental agreement

• Olympia Industries signed supplemental moneylenders’ agreements with Sea Resorts Development on Oct. 7, 2026 to extend two secured loans.
• RM 25 million facility tenure extended to five years from first drawdown, from three years; interest payments reset to 60 monthly installments.
• RM 25 million principal repayment remains a lump sum, now due at month 60 instead of month 36.
• RM 5 million facility tenure extended to three years eight months eight days; interest payments revised to 45 installments.
• RM 5 million principal schedule keeps staggered repayments; final lump sum pushed to 44 months eight days from first drawdown.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olympia Industries Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712881) on October 07, 2026, and is solely responsible for the information contained therein.