PETALING JAYA: Danajamin Nasional Bhd has guaranteed the RM200mil private debt securities programme of Asian Pac Holdings Bhd’s subsidiary, property development company Syarikat Kapasi Sdn Bhd.
In statement, Danajamin said Syarikat Kapasi would be utilising the funds raised to finance the construction of a real estate development project in Kota Kinabalu known as KK Times Square II, which would comprise a retail shopping mall, serviced apartments and shoplots.
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