Global Trade Alert
Global Trade Alert

Malaysia: BPMB provided a RM 50 million loan facility to Mygres Ceramiche Sdn Bhd

Announcement

14 Aug 2023

In August 2023, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 50 million (USD 10.89 million) loan facility to Mygres Ceramiche Sdn Bhd (Mygres) to support the company's development of a 4-star hotel in the bustling Bukit Jalil City.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Aug 2023

Revocation date:

No revocation date

Updated: 14 Aug 2023
State loan In force

On 14 August 2023, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 50 million (USD 10.89 million) loan facility to Mygres Ceramiche Sdn Bhd (Mygres) to support the company's development o...

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