KUCHING: SCIB Concrete Manufac-turing Sdn Bhd has obtained Islamic financing facilities up to RM17mil from Kuwait Finance House (Malaysia) Bhd (KFH).
The wholly-owned subsidiary of Sarawak Consolidated Industries Bhd (SCIB) said under an agreement it entered into with KFH on Nov 22, the said financing facilities would be used to redeem the banking facilities it had with the Malaysian Industrial Development Finance Bhd (MIDF) with the balance for capital expenditure and working capital.
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