E&O secures RM1.084bil facility to fund STP2 reclamation works

A total of 384 acres will be reclaimed on the Gurney Drive foreshore under Phase 2A.

KUALA LUMPUR: Eastern & Oriental Bhd’s (E&O) subsidiary Tanjung Pinang Development Sdn Bhd, has on Friday secured a syndicated banking facility of up to RM1.084bil to finance reclamation works and infrastructure works for Seri Tanjung Pinang Phase 2.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News
DRB-Hicom unit successfully acquires Spirit Aerosystem Malaysia
Coastal Contracts wins RM7.4mil charter contract
Apex Healthcare's minority shareholders should accept buyout offer, says independent adviser
FBM KLCI retreats on Fed jitters as investors stay on sidelines
Oil hovers near 2-week highs on expected US interest rate cut, geopolitical risk
Unilever completes ice cream demerger with Magnum set to list
Mydin to cut foreign worker dependency with high-automation RM447mil distribution centre
Creador acquires 7% stake in India’s La Renon Healthcare
Gold rises on dollar weakness; traders eye Fed rate cut
Indonesia stocks hit record high, currencies muted ahead of Fed decision

Trending in Biz News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.