KEuro gets RM4.74bil financing for RM5.9bil WCE highway project


KUALA LUMPUR: West Coast Expressway Sdn Bhd (WCE) has inked a RM4.74bil loan and debt notes from the Government and local banks to fund its RM5.9bil West Coast Expressway project.

The company, which is 80%-owned by Kumpulan Europlus Bhd (KEuro) has signed a RM2.24bil government support loan facility agreement and RM1.5bil from RHB Investment Bank Bhd, RHB Bank Bhd and Malayan Banking Bhd.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , keuro , westcoast , ijm , WCE , highway , RHB , Malayan Banking , klci , klse , stocks , shares ,

   

Next In Business News

Nasdaq, S&P set to open higher on tech boost, earnings glee
Sasbadi reports highest ever quarterly revenue
Aneka Jaringan leverages order book for growth
Chin Hin Group to develop two lands with combined GDV of RM1.08bil
CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Legacy Credit emerges as substantial shareholder in VCI Global

Others Also Read