Malaysia's Tanjung to sign $46 mln Islamic lease deal

Wed Jun 17, 2009 12:31am EDT
 
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KUALA LUMPUR, June 17 (Reuters) - A subsidiary of Malaysian shipping firm Tanjung Offshore Bhd (TJGO.KL) will sign a deal on Thursday for a 162 million ringgit ($45.88 million) Islamic leasing facility, the deal's arranger said.

Tanjung Kapal Services Sdn Bhd will take the facility, Standard Chartered Bank said in an invitation to the signing ceremony. It gave no other details about the deal.

($1=3.531 Malaysian Ringgit)

(Click on [ID:nISLAMIC] for more Islamic finance stories and ISLAMIC for a speed guide) (Reporting by Liau Y-Sing; Editing by Soo Ai Peng) ((y-sing.liau@thomsonreuters.com; Reuters Messaging: y-sing.liau.reuters.com@reuters.net; +603 2333 8083)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

 

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