Mudajaya secures rm90m financing
Published on: Wednesday, March 21, 2018
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Daily Express Malaysia
Kuala Lumpur: Mudajaya Group Bhd's (MGM) unit, Mudajaya Corporation Bhd, has secured Islamic financing facilities of RM90 million from Kuwait Finance House (M) Bhd to, among others, part-finance infrastructure contracts it secured."The funding will also be used for tender, performance bond and advance payment guarantee favouring government, statutory bodies, government agencies or government-linked companies," it said in a filing to Bursa Malaysia on Tuesday.MGB, an investment holding company, operates in segments such as construction and property development. – Bernama