KUALA LUMPUR: Bumi Armada Bhd’s units, Bumi Armada 98/2 Holdings Pte Ltd (BA98/2) and Armada Floating Gas Storage Malta Ltd, have secured a RM317 million loan to finance projects in India and Malta.
The loan, comprising a RM128 million three-year term to BA98/2 and RM189 million six-year term for Armada Floating Gas Storage Malta, was from Usaha Tegas Sdn Bhd’s unit, Mezzanine Equities N.V.
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