Corporate News 24-Oct-17
Kaya to provide bank guarantee for Kaya DMCC
Of upto USD 4 mn
The Investment, Borrowing and Administrative Committee of the Board of Kaya at its meeting held on 24 October 2017 has given its consent to provide Bank guarantee of an amount not exceeding USD 4 Million on behalf of Kaya Middle East DMCC ('Kaya DMCC'), a wholly owned subsidiary of the Company, to facilitate Kaya DMCC to obtain Bank loan for the purpose of future growth and for meeting its working capital requirement.
Previous News
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