Sunway unit sets up MTN programme


The conglomerate said in a filing with Bursa Malaysia that STSB would issue the MTNs in one or more tranches and its first tranche of up to RM500mil in nominal value would be subscribed by Public Bank Bhd.

PETALING JAYA: Sunway Bhd’s indirect wholly-owned subsidiary, Sunway Treasury Sdn Bhd (STSB), has established a medium-term note (MTN) programme with a tenure of 99 years from the date of the first issuance.

The conglomerate said in a filing with Bursa Malaysia that STSB would issue the MTNs in one or more tranches and its first tranche of up to RM500mil in nominal value would be subscribed by Public Bank Bhd.

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!
Sunway , MTN , Bursa Malaysia , note ,

Next In Business News

Sunway’s surprise bid puts IJM in play
Luxury real estate trends in 2026
Jakarta set to rise
China’s gold rush continues
Enhance local content terms
Singapore roars into the new year
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences
FROM BANGSAR TO BEYOND
Asia to lead next AI wave

Others Also Read