SimeProp backs Battersea with RM58mil loan


PETALING JAYA: Sime Darby Property Bhd (SimeProp), via its wholly-owned subsidiary, Sime Darby Property (Hong Kong) Ltd (SDPHK), has entered into an interest-bearing loan agreement to provide shareholders’ advances of £10mil (RM58mil) to Battersea Project Holding Co Ltd (BPHCL).

The agreement is to fund future phases of the Battersea Power Station development in London, United Kingdom.

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Sime Darby Property , Battersea

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