Navigat Group's financing setup
Jul 1, 2013
Navigat pulls off Myanmar project intercompany loan
Singapore-based energy company Navigat Group has funded a $35 million project to provide power plants in Myanmar through a shareholder loan.
Navigat Group, a distributed power project developer has funded a $35 million project in Myanmar via a shareholder loan to its in-country fully owned subsidiary. The culmination of the project marks an interesting example of inter-company loan funding in the opening of the formerly foreign investment-closed South-East Asian nation.
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