Country Heights Holdings Berhad announced that 28 December 2010, 30 December 2010, 19 December 2011, 9 December 2013, 22 December 2015, 22 December 2016, 22 December 2017, 24 January 2019, 21 January 2020, 22 January 2020 and 4 September 2020 in relation to the loan from Tan Sri Lee Kim Tiong at Lee Kim Yew. The Board of Directors of company wishes to inform that an extension of: On 22 December 2010 for the company to enter into a Loan Agreement with Tan Sri Lee Kim Tiong at Lee Kim Yew to extend an interest-free loan of MYR 84,451,795.46 to the company for a period of 12 months from the date of the Loan Agreement for the purpose to partially redeem the RM150.0 million 8% Redeemable Secured Bonds 1996/2011. The Company had entered into an Extension of Loan Agreement dated 19 December 2011 with the Lender to extend the tenure of the Loan for an additional 24 months from 21 December 2011 to 21 December 2013. Subsequently, the tenure of the Loan was further extended as follows: for another 24 months from 21 December 2013 to 21 December 2015; for another 12 months from 21 December 2015 to 21 December 2016; for another 12 months from 21 December 2016 to 21 December 2017; for another 13 months from 21 December 2017 to 21 January 2019; for another 12 months from 21 January 2019 to 21 January 2020; for another 45 days from 21 January 2020 to 6 March 2020; for another 6 months from 6 March 2020 to 6 September 2020; and for another 4 months from 6 September 2020 to 6 January 2021. All the above extensions of time for the Loan were without any loan interest. As at 4 January 2021, the outstanding balance of the Loan is MYR 75,138,223.77. On 4 January 2021, CHHB and the Lender had mutually agreed to split the total loan amount into two portions based on the following agreement: The sum of MYR 42,251,328.12 shall be extended for a tenure of three months from 6 January 2021 until 6 April 2021, with an option to renew subject to agreement between the Lender and the Company; and The remaining sum of MYR 32,886,895.65 with a tenure of one year shall mature on 6 March 2021.