However, HSBC has update me yesterday that they are getting final approval to issue us the new BG (USD1.08M) with 100% FD backing on the new BG and likely will not require us to top up the shortfall in FD security for 1st BG of USD1.8M
However, HSBC has update me yesterday that they are getting final approval to issue us the new BG (USD1.08M) with 100% FD backing on the new BG and likely will not require us to top up the shortfall in FD security for 1st BG of USD1.8M