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Credit Guarantee Corporation Malaysia Bhd (CGC) is confident of providing guarantee cover for RM2bil in new loans this year.
KUALA LUMPUR: Credit Guarantee Corp Malaysia Bhd (CGC) recently secured the Development Award 2015 from the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) in recognition of its forward-looking Islamic Wholesale Guarantee (WG-i) scheme.
KUALA LUMPUR: Lion Corporation Bhd is providing a RM30mil corporate guarantee to Tenaga Nasional Bhd (TNB) to ensure its subsidiary Megasteel Sdn Bhd continues to receive power supply.
KUALA LUMPUR: There is no explicit government guarantee for a US$3bil (RM9.6bil) bond by 1MDB, Deputy Finance Minister Datuk Ahmad Maslan said, standing by an earlier statement on the issue.
PETALING JAYA: Star Media Group Bhd has called on a corporate guarantee given by JAKS Resources Bhd in relation to a property development project in Section 13.
KUCHING: Sarawak Oil Palms Bhd (SOP) has provided additional corporate guarantee of RM45mil for wholly-owned unit SOP Edible Oils Sdn Bhd (Sopeo) for the trading of palm oil/palm oil products in favour of Louis Dreyfus Commodities Asia Pte Ltd.
KUALA LUMPUR: Credit Guarantee Corp (M) Bhd (CGC) is targeting RM400mil for its wholesale guarantee portfolio this year following its deal with OCBC Al-Amin Bank Bhd to launch the country’s first small and medium enterprise (SME) wholesale guarantee.