SPAD gets RM180mil financing for projects


KUCHING: Sarawak Plantation Agriculture Development Sdn Bhd (SPAD) has secured general Islamic banking facilities of RM180mil to finance several projects, including cultivation of oil palm and upgrading of palm oil mills.

The wholly-owned subsidiary of Sarawak Plantation Bhd (SPB) executed the facility agreement and memorandum of charge with AmIslamic Bank Bhd on Tuesday.

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