{"id":4268,"date":"2025-10-04T07:08:30","date_gmt":"2025-10-04T07:08:30","guid":{"rendered":"https:\/\/weststar.com.my\/wg\/?p=4268"},"modified":"2026-04-09T07:11:11","modified_gmt":"2026-04-09T07:11:11","slug":"weststar-secures-rm1-3b-from-mbsb-for-aviation-expansion","status":"publish","type":"post","link":"https:\/\/weststar.com.my\/wg\/weststar-secures-rm1-3b-from-mbsb-for-aviation-expansion\/","title":{"rendered":"Weststar Aviation Services &#8211; Weststar secures RM1.3b from MBSB for aviation expansion"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4268\" class=\"elementor elementor-4268\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ad386b4 e-flex e-con-boxed e-con e-parent\" data-id=\"ad386b4\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-da0f3de elementor-widget elementor-widget-image\" data-id=\"da0f3de\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 01-11-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2-1024x682.jpg\" class=\"attachment-large size-large wp-image-4270\" alt=\"\" srcset=\"https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2-1024x682.jpg 1024w, https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2-300x200.jpg 300w, https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2-768x512.jpg 768w, https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2-1536x1023.jpg 1536w, https:\/\/weststar.com.my\/wg\/wp-content\/uploads\/2026\/04\/news_mbsb_2.jpg 1600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0fd4d2b e-flex e-con-boxed e-con e-parent\" data-id=\"0fd4d2b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1fdd060 elementor-widget elementor-widget-text-editor\" data-id=\"1fdd060\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 01-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>KUALA LUMPUR (Oct 3): Financial services firm MBSB Bhd (KL:<a href=\"https:\/\/theedgemalaysia.com\/askedge\/klse\/1171\" target=\"_blank\" rel=\"noreferrer noopener\">MBSB<\/a>) has committed RM1.3 billion to support the expansion of Weststar Aviation Services Sdn Bhd (WASSB) \u2014 the aviation arm of The Weststar Group \u2014 through a landmark syndicated Islamic financing facility.<\/p><p>The funding will support helicopter acquisitions, working capital, corporate purposes, and foreign exchange (forex) forward contracts facility to manage forex exposure.<\/p><p>MBSB Investment Bank Bhd, the wholesale banking unit of MBSB, is acting as the joint-lead arranger for the syndicated Islamic financing facility.<\/p><p>In a statement, MBSB chairman Datuk Wan Kamaruzaman Wan Ahmad said aerospace and aviation are no longer niche, as they are growth multipliers that link Malaysia to global supply chains, energy corridors, and future industries.<\/p><p>\u201cBy financing Weststar\u2019s expansion, MBSB is investing in Malaysia\u2019s competitiveness, positioning the country to lead in sectors that matter most for tomorrow\u2019s economy,\u201d Wan Kamaruzaman said.<\/p><p>Weststar Group managing director Tan Sri Dr Syed Azman Syed Ibrahim said Weststar\u2019s strength lies in its ability to innovate, diversify, and adapt to the changing demands of the global economy.<\/p><p>\u201cWhile aviation remains our core, we have expanded into multiple industries while maintaining our position as a regional leader in helicopter services.<\/p><p>\u201cThis MOU (memorandum of understanding) with MBSB provides a strong strategic framework to unlock new opportunities, supported by innovative financial solutions that are critical to sustaining long-term growth,\u201d Syed Azman added.<\/p><p>According to the statement, both companies had inked an MOU to unlock opportunities across financing solutions, investment ventures, and innovative financial structures designed to support Weststar\u2019s growth trajectory across all industries, while cementing MBSB\u2019s role as a trusted financial partner to Malaysia\u2019s dynamic corporations.<\/p><p>Syed Azman further said by leveraging this partnership, Weststar Group aims to accelerate its expansion both locally and globally, enhance operational resilience, and continue contributing to Malaysia\u2019s competitiveness on the regional stage.<\/p><p>Weststar is a diversified group that is involved in aviation, defence, property and construction, automotive, insurance, energy, as well as food and beverage businesses. \u2013 The Edge Malaysia<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR (Oct 3): Financial services firm MBSB Bhd (KL:MBSB) has committed RM1.3 billion to support the expansion of Weststar Aviation Services Sdn Bhd (WASSB) \u2014 the aviation arm of The Weststar Group \u2014 through a landmark syndicated Islamic financing facility. The funding will support helicopter acquisitions, working capital, corporate purposes, and foreign exchange (forex) [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-4268","post","type-post","status-publish","format-standard","hentry","category-online-news"],"_links":{"self":[{"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/posts\/4268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/comments?post=4268"}],"version-history":[{"count":5,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/posts\/4268\/revisions"}],"predecessor-version":[{"id":4274,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/posts\/4268\/revisions\/4274"}],"wp:attachment":[{"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/media?parent=4268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/categories?post=4268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weststar.com.my\/wg\/wp-json\/wp\/v2\/tags?post=4268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}