Weststar secures RM1.3bil financing from MBSB to drive aviation expansion


Weststar Group managing director Tan Sri Dr Syed Azman Syed Ibrahim

KUALA LUMPUR: The Weststar Group and MBSB Bank Bhd (MBSB) have formalised a collaboration through a memorandum of understanding (MoU), with MBSB committing RM1.3bil to drive Weststar’s aviation expansion.

The collaboration builds on a syndicated financing facility in which MBSB participates, and was jointly arranged by MBSB Investment Bank Bhd (MBSB IB) with the backing of four banks with MBSB IB as the joint lead arranger.

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