| PacificMas wishes to announce that on 2 March 2009, Pac Lease Sdn Bhd (“Pac Lease”), a wholly-owned subsidiary of PacificMas, has accepted an additional revolving credit facility (“RCF”) of RM50 million from OCBC Bank (Malaysia) Berhad ("OCBC Bank") for its working capital requirement. |
| The RCF is secured by a corporate guarantee of RM50 million by PacificMas. |
| The principal business activities of Pac Lease are leasing, hire purchase and other related financial services. |
| Oversea-Chinese Banking Corporation Limited is the ultimate holding company of PacificMas Group and OCBC Bank. |
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| This announcement is dated 2 March 2009. |
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