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Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Silk gets Maybank Islamic loan

Posted on 05 May 2010

From Btimes.com.my: Silk Holdings Bhd has secured a loan facility worth RM85.52 million from Maybank Islamic Bhd. The eight-year Musharakah Mutanaqisah term-financing facility was given to its 70 per cent-owned subsidiary Jasa Merin (Malaysia) Sdn Bhd held through wholly-owned AQL Aman Sdn Bhd.
The loan will be used to part finance the construction of two units of anchor handling tug supply vessels……………………………………..Full Article: Source

 
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