Malaysia's Sime gives Bakun unit $311 mln guarantee


KUALA LUMPUR, Feb 27 (Reuters) - Malaysian conglomerate Sime Darby has extended a 1 billion ringgit ($311 million) guarantee to unlisted Sarawak Hidro Sdn Bhd to cover civil works for the huge Bakun hydroelectric dam, Sime said on Wednesday. Sime Darby controls Sarawak Hidro, which is the designated operator of Bakun dam, which is nearing completion in the eastern Malaysian state of Sarawak, on Borneo island. The guarantee replaces an earlier, 200 million ringgit guarantee, Sime Darby ...

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