RM800 million term and revolving credit facilities to Johdaya Karya Sdn. Bhd. (sponsored by Allgreen Properties Limited)
Allen & Gledhill, as transaction counsel, advised RHB Bank Berhad (“RHB Bank”) and Public Bank Berhad (“Public Bank”) on the RM800 million term and revolving credit facilities (“Facilities”) to Johdaya Karya Sdn. Bhd. (sponsored by Allgreen Properties Limited).
The Facilities will be used to finance the multi-phase asset enhancement initiative and the construction and development of a serviced apartment component for Johor Bahru City Square.
Advising RHB Bank and Public Bank was Allen & Gledhill Partner Lim Wei Ting.
