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KUALA LUMPUR (July 18): Sarawak Consolidated Industries Bhd (KL:SCIB) said it has secured Islamic banking facilities worth RM70 million from SME Bank.
It includes a kalafah (bank guarantee) facility of RM15 million that is designated for issuing performance guarantees, the company said in a bourse filing on Thursday
This facility, it said, is applicable to contracts awarded by entities such as…
