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Author: savemalaysia   |   Latest post: Wed, 23 Oct 2019, 5:30 PM

 

Lendlease Corp secures RM2.15 bil financing for TRX development

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KUALA LUMPUR (Feb 12): Australian-based property and infrastructure group Lendlease Corp Ltd has secured a RM2.15 billion financing facility for its mixed integrated development, the Lifestyle Quarter, at the Tun Razak Exchange (TRX) here.

Chief executive officer and managing director Steve McCann said the financing partners include HSBC Malaysia, Standard Chartered Bank Malaysia, Malayan Banking Bhd and Sumitomo Mitsui Banking Corporation.

"The quality and calibre of these respective financial partners presents an additional and particularly stronger confidence in the project and the economic future of Kuala Lumpur," he said at the launching ceremony of the TRX Lifestyle Quarter and financing facility signing ceremony here today.

The 6.88-hectare Lifestyle Quarter is a central part of the overall TRX financial district master plan and includes a lifestyle retail mall, restaurants, hospitality and leisure offerings, residential condominiums and a city park. — Bernama

 

 

http://www.theedgemarkets.com/article/lendlease-corp-secures-rm215-bil-financing-trx-development

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