UEM Sunrise issues RM350 mil in Islamic medium-term notes
The property developer issued the new IMTNs in two tranches: a RM200 million first tranche with a five-year tenure and a RM150 million second tranche with a seven-year tenure.
The property developer issued the new IMTNs in two tranches: a RM200 million first tranche with a five-year tenure and a RM150 million second tranche with a seven-year tenure.
The water quality evaluation was necessary to activate Kiara Bay's waterfront development within the integrated township, ensuring a safe and pleasant environment for the community's enjoyment and activation of various water activities.
The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.
The RM85 million proceeds from the disposal will be used for working capital by its subsidiary Mega Legacy (M) Sdn Bhd (MLSB), which will be given the rights to develop the land.
With prices starting from RM678,000, Banyan's intermediate units comprise 4 bedrooms and 3 bathrooms, while the corner units offer 4 bedrooms and 4 bathrooms with a favourable North-South orientation.
With its thoughtful planning, green spaces, and commitment to preserving biodiversity, UEM Sunrise aims to set a new standard for sustainable and community-focused living in Kepong with Residensi ZIG.
UEM Sunrise said the disposal will allow it to fund working capital for the launch of its upcoming product, Residensi ZIG, also in Kiara Bay, tentatively scheduled for this quarter.
The event, comprising a a 5km fun run, saw the participation of 1,000 running enthusiasts and families who enjoyed the “outdoors” at S P Setia's Aeropod mixed development.