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Industronics Successfully Gets CIC and BlueMount Financial to finance Kedah Airport Project; Plans for Expansion of its Credit Leasing Business

  • The consortium comprised Industronics, Bluemount and China Investment Corporation
  • China Investment Corporation is a sovereign wealth fund in China, while Bluemount is an HK-broking firm
  • China Investment Corporation will also invest in Industronics' credit leasing arm, TTE Electronics, and the Group intends to seek approval from SC to raise funding of RM1 billion for its expansion into Southeast Asia.

Read more: Industronics Successfully Gets CIC and BlueMount Financial to finance Kedah Airport Project; Plans...

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