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Malaysian Bio-XCell Sdn Bhd has secured RM250 million in Islamic funding from Maybank to fund the first phase development of the Bio-XCell biotechnology ecosystem and park in Iskandar Malaysia.
Malaysian Biotechnology Bhd (BiotechCorp) chief executive officer Datuk Iskandar Mizal Mahmood said the first phase development entail an investment cost of RM950 million, funded by foreign direct investments (FDIs), Islamic debts and shareholders’ equity……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more
Bio-xcell gets RM250mln Islamic funding
| Posted on 20 April 2011 |
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