Global Trade Alert
Global Trade Alert

Malaysia: BPMB provided a RM 2.7 billion loan facility to Prolintas Managers Sdn Bhd

Announcement

11 Jan 2024

In January 2024, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 2.7 billion (USD 580.70 million) loan facility to Prolintas Managers Sdn Bhd to help the company's restructuring initiative in its several highway projects.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jan 2024

Revocation date:

No revocation date

Updated: 11 Jan 2024
State loan In force

On 14 January 2024, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 2.7 billion (USD 580.70 million) loan facility to Prolintas Managers Sdn Bhd.

According to the press release, t...

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