MIDF to launch two syndicated loans worth RM6bil


KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) will launch two syndicated loans this month with a total value of RM6bil.

Group managing director Datuk Mohd Najib Abdullah said the first loan, amounting to RM5bil, is for the KL118 development project while the other loan, worth RM1bil, is for a Sarawak Corridor of Renewable Energy (Score) project.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MIDF , bonds , stocks , shares ,

Next In Business News

More bullishness on Philippine equities
Rising solar module prices to challenge cost discipline
Turning footfall into higher profits
Chinese tea chains pour into US
Capitalising on the tourism momentum
Leadership exodus tests Malaysia’s digital banks
POWERING ASEAN’S DIGITAL GROWTH
Jobs mantra in Davos
Navigating Fed uncertainty
Doubts over Viet reform drive

Others Also Read