SunCity unit secures RM98mil financing


KUALA LUMPUR: Sunway City Bhd (SunCity) subsidiary Sunway D’Mont Kiara Sdn Bhd (SDMK) has secured RM98mil banking facilities from Public Bank Bhd.

In a filing with Bursa Malaysia, SunCity said the banking facilities were to part-finance the development cost (including consultation fees) of six blocks of condominiums comprising 228 units under Phase 3 of Kiara Hills known as Vivaldi as well as for SDMK’s working capital.

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