Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Thursday, September 24, 2009

Sunway City secures RM600m loan

Property developer Sunway City Bhd has taken a RM600 million loan from four local banks.

Sunway City will use RM240 million to refinance existing commercial papers and medium term notes, RM200 million to refinance existing bank guaranteed bonds, and the remaining RM160 million to partly finance the company’s capital expenditure and working capital

By Business Times

No comments: