Maybank and RB Capital ink landmark RM751mil Islamic financing deal


SINGAPORE: Malayan Banking Bhd (Maybank) and Singapore-based RB Capital inked a S$260mil (RM751mil) Islamic financing deal, one of the biggest Islamic deals in Singapore.

The landmark deal involved a 442-room mid-tier Holiday Inn Express Singapore Clarke Quay as the underlying security.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , maybank

   

Next In Business News

Focus Point eyes aggressive expansion
Carimin to acquire new RM23mil boat
Affin Bank to focus on higher yielding loans in 2Q
Hartalega earnings to rise on strong demand
The fuel subsidy plan and inflation
Cahya Mata remains cautiously optimistic
Deleum to achieve growth via partnerships and technology
Bad bond bets forces Norinchukin to change strategy
Axis-REIT buys two properties for RM125mil
Duopharma’s 1Q earnings at RM15mil

Others Also Read