AirAsia secures RM300m loan from Sabah Development Bank

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Airline says the loan was not backed by a govt guarantee.

AirAsia Group Bhd has approved and disbursed a RM300 million loan from Sabah Development Bank Berhad to its units as part of the group's fundraising efforts, the budget airline said in a bourse filing on Friday.

The airline said the loan was not backed by a government guarantee, which the group has been seeking for a portion of the loans it hopes to secure...

 

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Wah kaya sabah sekarang sejak tukar

Paper currency and sheeple drama

A lot of ppl will be dengki bcoz they secured the loan.

Loanshark

Any business people here? I have a question. So why can't Tony, who is worth RM3billion lend some money to AA?

Sabah ... development ... bank? So how much is Bung making a cut from all of this?

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