Asia
MyTech Moneylending Unit Reports MYR8 Million Outstanding Loans; Shares Rally 14%
MyTech Group's (KLSE:MYTECH) moneylending unit, GW Premium Capital, had 8.4 million ringgit in outstanding unsecured loans as of June 30, with no loans in default, according to a Wednesday Bursa Malaysia filing.The subsidiary's total borrowings stood at 20.9 million ringgit, comprising loans from companies within the group.MyTech said the moneylending business had a 0% net loan default ratio at the end of the first quarter, the filing said.
KLSE:MYTECH
