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DIS TECHNOLOGY BHD HIT BY RM131.3 M FRAUD

DIS Technology Holdings Bhd, which has been hit by RM131.3mn fraud, has defaulted on its banking facilities amounting to RM21 mn due and owing as of yesterday. The creditors were Malayan Banking Bhd, RHB Bank Bhd, Alliance Bank Bhd, Public Bank Bhd, Malaysian Debt Ventures Bhd and Al Rajhi Banking & Investment Corp Bhd. (The Edge)