Sime Darby Property provides RM34mil shareholders advances to Battersea Project Holding Company


KUALA LUMPUR: Sime Darby Property Bhd, through its wholly-owned subsidiary Sime Darby Property (Hong Kong) Ltd (SDPHK), has entered into an interest-bearing loan agreement to provide shareholders’ advances of £6 million to Battersea Project Holding Company Ltd (BPHCL).

In a filing with Bursa Malaysia today, Sime Darby said: "The first provision of financial assistance under the loan agreement is £6 million (approximately RM34 million).”

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