AmBank Grants RM158.5 Million Financing To Exsim’s BB Project

AmBank Group has granted RM158,500,000 financing facilities to Lembaran Beruntung Sdn Bhd (a member of EXSIM) to part finance the development costs for its latest project, Branniganz Suites @ Bukit Bintang, located at Kuala Lumpur.

The 50-storey high rise tower comprising 269 units of serviced apartments (HDA units), 490 units of office suites (non-HDA
units), and 3 retail lots is situated within close proximity to prime areas in KL’s Golden Triangle.

As part of the bank’s support towards financing sustainable real estate developments, particularly in prime urban areas, this marks the 14th project in which the bank has financed for EXSIM, the first being in 2008. As to date, EXSIM has launched 38 developments with a GDV close to RM16 billion.

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