Monday, June 16, 2008

Qatar bank to study plan to raise funds for US$5bln Malaysian refinery and petrochemicals project

Qatar Islamic Bank plans to study a plan to raise funds for a US$5 bln refinery and petrochemicals project in Malaysia, under an initial agreement signed with a Malaysian unit of Gulf Petroleum Ltd. TThe bank will study and eventually lead a consortium of banks and financial institutions to arrange funding for both financing and equity elements of the project.

For more details on Qatar bank to study plan to raise funds for US$5bln Malaysian refinery and petrochemicals project click here

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