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Int'l Healthway secures RM190m facility

Lee U-Wen

Published Mon, Jan 6, 2014 · 10:00 PM

CATALIST-listed International Healthway Corporation (IHC) has secured a RM190 million (S$73.3 million) financing facility with Malaysia's Public Bank.

The facility - a mix of term loans and bridging loans - will solely finance the healthcare services provider's new integrated mixed-use development in Kuala Lumpur, IHC said in a statement yesterday.

Piling works are expected to start by April this year, with plans to complete construction in 2016.

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