PETALING JAYA: Berjaya Land Bhd (BLand) has actually safeguarded a syndicated loan of US$ 330mil (RM1.6bil) with a consortium of Japanese banks, led by Tokyo Star Bank, Ltd and co-led by Okinawa Development Finance Corp and Bank of The Ryukus.
In a declaring with Bursa Malaysia, BLand stated the syndicated loan center will certainly be utilized to fund the development of the Four Seasons Resort & & Private Residences in Okinawa, Japan (Four Seasons Okinawa) which has a gross development worth of US$ 1.12 bil (RM5.3 bil).
Several significant banks like Bangkok Bank Japan, The Ogaki Kyoritsu Bank and The Aichi Bank, among various other local financial institutions, were associated with the submission.
Berjaya Corp Bhd owner and expert Tan Sri Datuk Seri Vincent Tan Chee Yioun stated the syndicated loan safeguarded is a testimony to …