S P Setia, Sime Darby, EPF secure RM4b for Battersea project

Tan Sri Liew Kee Sin says Battersea Power Station is set to re-emerge as a different type of powerhouse altogether.

KUALA LUMPUR: The Malaysian consortium comprising of S P Setia Bhd, Sime Darby Property and the Employees Provident Fund has secured £790.2mil or RM4bil for the development and land refinancing loan for the Battersea Power Station in the UK.

A joint statement released on Monday said the facility was arranged with a group of international banks led by CIMB Bhd, as the coordinating mandated lead arranger and book runner, with OCBC, Standard Chartered and Malayan Banking Bhd as joint mandated arrangers.