Global Trade Alert
Global Trade Alert

Malaysia: BPMB provided a RM 76.8 million loan guarantee to Sukuk issuance by Econas Resource to Energy Sdn Bhd

Announcement

14 Apr 2023

In April 2023, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 76.8 million (USD 17.42 million) loan guarantee to Sukuk issuance by Econas Resource to Energy Sdn Bhd (ER2E) to partially finance the development of the waste treatment facilities in Pengerang, Johor.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Apr 2023

Revocation date:

No revocation date

Loan guarantee In force

On 14 April 2023, the Bank Pembangunan Malaysia Berhad (BPMB) provided a RM 76.8 million (USD 17.42 million) loan guarantee to Sukuk issuance by Econas Resource to Energy Sdn Bhd (ER2E). According to ...

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