Sunway gets S$90m loan


KUALA LUMPUR: Sunway Bhd has accepted the S$90mil term loan facilities granted by DBS Bank Ltd, Labuan branch, to its wholly-owned unit, Sunway Treasury Sdn Bhd.

In a filing with Bursa Malaysia today, Sunway said term loan 1 (S$25mil) and term loan 2 (S$25mil) would facilitate it and its units (Sunway group) to part-finance the construction of the buildings at Sunway University campus and for working capital requirements.

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