Kuala lumpur: Pos Malaysia Bhd's wholly-owned subsidiary, Pos Ar-Rahnu, has secured a short-term revolving credit-i facility of up to RM100 million from Maybank Islamic Bhd. The company announced in a Bursa Malaysia filing that the facility is earmarked for general corporate and internal group funding purposes.

According to BERNAMA News Agency, Pos Malaysia will provide a corporate guarantee of RM100 million to Maybank Islamic Bhd in relation to the facility. The agreement includes specific conditions such as maintaining Pos Ar-Rahnu as a subsidiary throughout the financing tenure and restrictions on dividend payments or financial advances without the financier's prior consent. These conditions apply to an aggregate facility level of RM100 million.

The company further stated that the facility is not anticipated to significantly impact the earnings per share, net assets per share, share capital, or major shareholders' holdings for the financial year ending December 31, 2026.