Hibiscus Petroleum unit inks US$100mil financing with Bank Islam Brunei Darussalam and Baiduri Bank


KUALA LUMPUR: Hibiscus Petroleum Bhd via its wholly-owned subsidiary, Simpor Hibiscus Sdn Bhd, has entered into a long-term US$100mil syndicated Islamic financing facilities agreement with Bank Islam Brunei Darussalam and Baiduri Bank in Brunei.

Simpor Hibiscus is the holding company of Hibiscus EP (Brunei) BV.

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