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Bumi Armada gets RM341m loan from 7 banks Posted: 07 Dec 2011 07:25 PM PST Bumi Armada Bhd, a Malaysian oilfield-services provider, signed an agreement for US$341.1 million of financing with seven banks today. They were led by Sumitomo Mitsui Banking Corp, CIMB Bank Bhd, ING Bank N.V, Maybank Investment Bank Bhd, OCBC Bank (Malaysia) Bhd, RHB Investment Bank Bhd and the Bank of Tokyo-Mitsubishi UFJ Ltd, the company said in a statement in Kuala Lumpur today. -- Bloomberg |
DRB-Hicom gains afer VW partnership news Posted: 07 Dec 2011 06:22 PM PST DRB-Hicom Bhd, an automotive, construction and property group, gained in Kuala Lumpur trading after the Star newspaper reported that it may partner Volkswagen AG to buy a controlling stake in Proton Holdings Bhd. The stock increased 2.9 per cent to RM2.16 at 10.09am local time. -- Bloomberg |
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