Bursa Announcements

Date : 14 August 2013

OTHERS SUNWAY BERHAD (“SUNWAY”) - ACCEPTANCE OF COMMODITY MURABAHAH FINANCING-I FACILITIES GRANTED BY STANDARD CHARTERED SAADIQ BERHAD AND HSBC AMANAH MALAYSIA BERHAD

SUNWAY BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD (“SUNWAY”)
- ACCEPTANCE OF COMMODITY MURABAHAH FINANCING-I FACILITIES GRANTED BY STANDARD CHARTERED SAADIQ BERHAD AND HSBC AMANAH MALAYSIA BERHAD
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 has secured the following Commodity Murabahah Financing-i Facilities from the following banks for the purposes stated below:
Name of BankFacilityLimitPurpose
Standard Chartered Saadiq BerhadCommodity Murabaha Financing-i USD75,000,000
    Facilitate the partial repayment of Sunway’s existing loan of USD125,000,000 to each of Standard Chartered Bank, Offshore Labuan and The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan and to change the scheme of financing (refinancing) from conventional to Shariah.
HSBC Amanah Malaysia BerhadCommodity Murabahah Financing-i USD75,000,000

Sunway has an authorised and paid-up share capital of RM10,000,000,000/- and RM1,723,489,001/- respectively. The principal activities of Sunway are investment holding and provision of management services.

This announcement is dated 14 August 2013.


Announcement Info

Company NameSUNWAY BERHAD  
Stock Name SUNWAY    
Date Announced14 Aug 2013  
CategoryGeneral Announcement
Reference NoSS-130814-38A55

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