Regal Path secures RM1.1bil syndicated banking facilities

Signed: (from left) UOB Bank (Malaysia) MD Ng Wei Wei, Maybank corporate banking MD Michael Oh-Lau, Regal Path director Hong Lay Chuan, OCBC Bank Malaysia CEO Datuk Ong Eng Bin, MD Tan Ai Chin and CIMB Bank group head corporate banking Lo Nyen Khing at the agreement signing at Pavilion Hotel Kuala Lumpur.

KUALA LUMPUR: Regal Path Sdn Bhd has secured syndicated banking facilities of up to RM1.1bil for the acquisition of Pavilion Bukit Jalil mall from Pioneer Haven Sdn Bhd, a wholly owned subsidiary of Malton Bhd.

The iconic Pavilion Bukit Jalil mall being one of the country’s largest regional shopping hubs is part of the 20ha Bukit Jalil City integrated lifestyle project in the southern corridor of Klang Valley developed by Malton.