(From left) BPMB managing director of group corporate and investment banking Mohamed Nazri Omar, Chief Minister Chow Kon Yeow, BPMB group head of coverage Gerald Goh, Hartasuma executive director Tan Sri Ravindran Menon and Jen (R) Tan Sri Zulkiple Kassim at the signing ceremony.
GEORGE TOWN: A 10-minute ride through the air to Penang Hill is set to become a reality, with Bank Pembangunan Malaysia Berhad (BPMB) committing RM367.2mil to back the hill's cable car project.
The financing deal with project concessionaire Hartasuma Sdn Bhd marks a major step forward for the much-discussed plan to improve access to Penang Hill.
