Regal Path secures RM1.1bil for Pavilion Bukit Jalil mall

Done deal: Regal Path inked the facilities agreement with four banks to acquire Pavilion Bukit Jalil mall. (From left) UOB Bank (Malaysia) Berhad managing director Ng Wei Wei, Maybank managing director Michael Oh-Lau, Regal Path Sdn Bhd director Hong Lay Chuan, OCBC Bank (Malaysia) Berhad CEO Dato’ Ong Eng Bin, OCBC Bank (Malaysia) Berhad managing director Tan Ai Chin and CIMB Bank Berhad group head corporate banking Lo Nyen Khing signing the agreement at Pavilion Hotel Kuala Lumpur.

Regal Path Sdn Bhd (Regal Path) successfully 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 Berhad (Malton).

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 development in the southern corridor of Klang Valley to be developed by Malton.