<div class=newsTextDataWrapInner>This article first appeared in The Edge Financial Daily on January 15, 2020</div><div class=newsTextDataWrapInner>KUALA LUMPUR: TMC Life Sciences Bhd has secured a non-revolving credit facility of up to RM90 million with a corporate guarantee from the healthcare group.</div>

<div class=newsTextDataWrapInner>The facility is provided by OCBC Bank (Malaysia) Bhd to TMC’s wholly-owned subsidiary Thomson Hospitals Sdn Bhd to hire equipment/goods.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>In a bourse filing yesterday, TMC said when fully drawn, the facility is expected to increase the group’s gearing to 0.12 times from 0.002 times based on its audited consolidated financial statements for the financial year ended Aug 31, 2019.</div>

KUALA LUMPUR: TMC Life Sciences Bhd has secured a non-revolving credit facility of up to RM90 million with a corporate guarantee from the healthcare group.

The facility is provided by OCBC Bank (Malaysia) Bhd to TMC’s wholly-owned subsidiary Thomson Hospitals Sdn Bhd to hire equipment/g...

TMC Life Sciences secures financing of up to RM90m to hire equipment

Robusta coffee prices have climbed to the highest in 45 years, according to the International Coffee Organisation (ICO), as a supply crunch intensifies for the variety used in espresso blends and instant drinks.

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Yang di-Pertuan Agong Sultan Ibrahim Sultan Iskandar and Raja Permaisuri Agong Raja Zarith Sofiah arrived in Singapore on Monday for a two-day state visit to the republic.

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Maybank Investment Bank (Maybank IB) on Monday began coverage of SAM Engineering & Equipment (M) Bhd with a counter-consensus ‘buy’ call, betting on the cyclical recovery of aerospace and semiconductor sectors.

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The new chief executive of Brooks Running said the running shoe maker owned by Warren Buffett's Berkshire Hathaway&nbsp;views China and Europe as growth areas for a business that generates most revenue in the US.

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Republican presidential candidate Donald Trump accused Democratic rival President Joe Biden of running a "Gestapo administration" in a private address to donors in which he also attacked prosecutors involved in his criminal indictments, according to a recording heard by US media outlets.

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Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region.

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Qantas Airways Ltd will pay a A$100 million (RM313.78 million) penalty and compensate passengers for selling tickets on thousands of flights it had already decided to cancel, as chief executive officer Vanessa Hudson continues costly repairs to the airline’s battered reputation.

Los Angeles police cleared a pro-Palestinian encampment at the University of Southern California (USC) without making arrests on Sunday following turmoil at universities across the US over the Israel-Hamas war.

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Brighton &amp; Hove Albion snapped a six-match winless run in the Premier League when they beat Aston Villa 1-0 at home on Sunday after Joao Pedro scored an 87th-minute winner in a scrappy affair.