Mega First unit secures RM634m loan for Laos hydro power project

Mega First Corporation Bhd has secured  loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.

It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club deal facilities totalling US$150mil comprising – term loan facilities totalling US$85mil and an Islamic financing facility of up to US$65mil. …

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Joseph Chin