Six banks to fund RM1.87bil ferro-alloy plant in Bintulu park


KUCHING: Six banks, including Malaysian ones, have to date indicated their participation to fund OM Materials (Sarawak) Sdn Bhd's (OM Sarawak) US$592mil (RM1.87bil) ferro-alloy smelting project in Samalaju Industrial Park in Bintulu.

Standard Chartered Bank (Stanchart), Chinese and international banks are among the banks. Stanchart is the smelting project's financial advisor.

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