BURSA ANNOUNCEMENTS

Date : 18 December 2017

OTHERS SUNWAY BERHAD ("SUNWAY") - ACCEPTANCE OF BANKING FACILITY GRANTED BY SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD TO SUNWAY TREASURY SDN BHD, A SUBSIDIARY OF SUNWAY

SUNWAY BERHAD

Type Announcement
Subject OTHERS
Description
SUNWAY BERHAD ("SUNWAY")
- ACCEPTANCE OF BANKING FACILITY GRANTED BY SUMITOMO MITSUI BANKING CORPORATION 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 Commodity Murabahah Revolving Credit-i (Committed) Facility of USD100 million under the Shariah concept of Commodity Murabahah from Sumitomo Mitsui Banking Corporation Malaysia Berhad for financing its general corporate purposes, for a tenure of up to a maximum of 12 months.

The issued and paid-up share capital of Sunway Treasury is RM2,500,002/- comprising 2,500,002 ordinary shares. The principal activity of Sunway Treasury is provision of financial services to its related companies.

This announcement is dated 18 December 2017. 






Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 18 Dec 2017
Category General Announcement for PLC
Reference Number GA1-18122017-00053


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