KUALA LUMPUR: Kuwait Finance House (Malaysia) Bhd is in talks to provide financing deals to about 12 companies in Sabah operating across different sectors. Its managing director and chief executive officer Datuk K Salman Younis said the deals would fall under the Sabah Development Corridor, which was launched in January. KFH had then announced it was in talks to finance two projects related to the infrastructure and real estate sectors. “We have executed a memorandum of understanding (MoU) with one party, and are in negotiations with another party. We are now in final negotiations with the party that we signed the MoU with but nothing has been finalised as yet,” Salman said. Read more
(The Edge 29-2-2008)
