Agreement Signing Ceremony

Hengyi Industries Sendirian Berhad signed an Islamic Syndicated Term Financing Agreement amounting to USD$263 million with Bank Islam Brunei Darussalam, BIBD, Baiduri Bank and Perbadanan Tabung Amanah Islam Brunei, TAIB, marks the start of a new collaboration between Hengyi Industries and the local financial institutions.

The agreement was signed by the representatives of Hengyi Industries Sdn Bhd, BIBD and TAIB. The Financing agreement symbolises the strong commitment and cooperation provided by these financial institutions to support Foreign Direct Investments in the country, aside from to further develop the contribution towards Brunei Darussalam's downstream sector and long-term economic growth.

Source: Radio Television Brunei