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KUALA LUMPUR: Fajarbaru Builder Group Bhd, Beulah International and KHK Group, the developers behind luxury apartment project Paragon, have obtained funding facility from Malayan Banking Bhd (Maybank) amounting to about A$100mil (RM300mil).
PETALING JAYA: Telecommunications outfit Digi.com Bhd’s share price fell to its lowest level in 17 months in an apparent knee-jerk reaction, following the counter’s removal from Bursa Malaysia’s Syariah list.
BRUSSELS (Reuters) - Ukraine is set to receive about $40 billion (£26.2 billion) in funding over the next four years, nearly half of which will come from the International Monetary Fund, IMF chief Christine Lagarde said in Brussels as talks on the Ukraine conflict resumed in Minsk.
Much has been said about this being the best time to launch and grow startups due to the availability of funding, infrastructure and an accommodating environment.
PETALING JAYA: Malaysia’s largest banking group, Malayan Banking Bhd (Maybank), has clarified that its exposure to the US$600mil (RM1.84bil) unsecured funding facility on which Vietnam Shipbuilding Industry Group (Vinashin) has recently defaulted is minimal and insignificant.
PETALING JAYA: There may be a silver lining to the Vietnamese government's refusal to support troubled Vietnam Shipbuilding Industry Group (Vinashin), which has amassed debt of US$4.4bil and defaulted on an initial payment of US$60mil to a consortium of foreign creditors that funded the state-owned enterprise's US$600mil eight-year funding facility three years ago.