Sunway has proposed to raise close to RM1bil from the issuance of preference shares to reduce its borrowings and to fund its hospital expansion and property development expenditure. (File pic shows Sunway Pyramids icon.)
PETALING JAYA: Analysts are mainly bullish on Sunway Bhd
’s fund-raising exercise despite the weak market sentiment.
Sunway has proposed to raise close to RM1bil from the issuance of preference shares to reduce its borrowings and to fund its hospital expansion and property development expenditure.
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