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Published: 05 May 2010
Source: Business Times
Silk gets Maybank Islamic loan
SILK Holdings Berhad has secured a loan facility worth RM85.52 million from Maybank Islamic Berhad.
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.
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