L&G property unit gets RM90mil credit facility
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L&G property unit gets RM90mil credit facility
Dec 20, 2011
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KUALA LUMPUR: Land & General Bhd (L&G) subsidiary Sri Damansara Sdn Bhd has secured RM90mil credit facility from OCBC Bank (Malaysia) Bhd.
The facility was to enable the company to undertake a condominium project, called Damansara Foresta in Bandar Sri Damansara, and for general working capital, it said in a filing with Bursa Malaysia.
Sri Damansara, a property development company, has an issued capital RM69mil.
By Bernama
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Related Categories: Daily Property News and Updates
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