KBANK Extends Financial Support to GL

17 Sep 2013

SET-listed motorcycle leasing firm Group Lease Public Company Limited (GL) led by Chairman and Chief Executive Mitsuji Konoshita today (Sept 17, 2013) signed an agreement with KBANK represented by Executive Vice President Vasin Vanich Voranan whereby the bank would extend financial facilities worth 1 billion baht to GL and also underwrite debentures for GL in accordance with a GL Board resolution yesterday to issue up to 2 billion baht worth of debentures to support the company’s aggressive growth.