KUALA LUMPUR: Meda Inc Bhd’s unit, Maju Puncakbumi Sdn Bhd, has received RM16mil Islamic term financing and RM12.6mil Islamic bridging financing from Malaysia Building Society Bhd
(MBSB).
In a filing with Bursa Malaysia, it said the RM16mil would be used to buy a piece of freehold vacant land measuring about 8.31ha in Pekan Tanjong Kling Sek. II in central Malacca district while the RM12.6mil would be used to part-finance the development on the project land. – Bernama
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