l SUNWAY HOLDINGS INC BHD has announced that its wholly owned subsidiary, Sunwaymas Sdn Bhd (SMSB), has secured a term loan of RM10.5mil and bridging loan of RM10mil from AmBank Bhd.
The loans are to part-finance the development, construction and infrastructure costs of a proposed joint venture project between SMSB and Geneba (M) Sdn Bhd on 41.272ha leasehold land in Batu Caves, Selangor. – Bernama
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