Stone Master to offer interest-free vendor financing to KSL

Stone Master Corp Bhd has agreed to offer its products and services, coupled with interest-free vendor financing services, to property developer KSL Holdings Bhd.
In a filing to Bursa Malaysia today, KSL said it has entered into a framework agreement with Stone Master, in which the latter company will offer its products and services to KSL over the span of 18 months from the date of the agreement.
During the period, KSL shall identify and mutually agree with Stone Master in respect to selected development projects that it will undertake, and thereupon, the company will enter into vendor financing agreements with Stone Master.

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