Hibiscus Signs US$100 Million Financing With Brunei Islam Bank And Baiduri Bank

Quick Summary:

Hibiscus Petroleum Berhad has announced that its wholly-owned subsidiary, Simpor Hibiscus Sdn Bhd, has entered into a USD100 million financing facilities agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

This agreement aims to support Hibiscus Petroleum’s growth ambitions in Brunei Darussalam.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaBruneiChina

Topics: News Hibiscus

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 02:02:20 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 194 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27957930

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Official Website: businesstoday.com.my

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News Last Updated: 8 hours ago

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