Bursa Announcements
OTHERS SUNWAY BERHAD (SUNWAY) - ACCEPTANCE OF TERM LOAN FACILITY GRANTED BY HSBC BANK MALAYSIA BERHAD TO SUNWAY TREASURY SDN BHD, A SUBSIDIARY OF SUNWAY
SUNWAY BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | SUNWAY BERHAD (SUNWAY) - ACCEPTANCE OF TERM LOAN FACILITY GRANTED BY HSBC BANK MALAYSIA BERHAD TO SUNWAY TREASURY SDN BHD, A SUBSIDIARY OF SUNWAY |
Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunway wishes to announce that Sunway Treasury Sdn Bhd (“Sunway Treasury”), a wholly-owned subsidiary of Sunway, has secured a Term Loan Facility of USD125,000,000/- from HSBC Bank Malaysia Berhad for the purpose of financing Sunway’s Commodity Murabahah Financing-i Facility of USD105,000,000/- as well as for the Group’s capital expenditure and working capital requirements.
Sunway Treasury has an authorised and paid-up share capital of RM5,000,000/- and RM2,500,002/- respectively. The principal activity of Sunway Treasury is provision of financial services within the Group.
This announcement is dated 12 August 2015. |
Announcement Info
Company Name | SUNWAY BERHAD |
Stock Name | SUNWAY |
Date Announced | 12 Aug 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-11082015-00032 |