Tuesday, May 28

Berjaya Construction Secures $50 Million Loan for Four Seasons Okinawa Project

Berjaya Construction Bhd, the construction arm of Berjaya Land Bhd (BLand), has successfully obtained a $50 million construction loan from Export-Import Bank of Malaysia Berhad (EXIM Bank) for the Four Seasons Resort & Private Residences Okinawa project in Japan.

Seikou Okinawa Construction KK, a subsidiary of Berjaya Construction, will spearhead the project as the primary contractor.

Berjaya Corp Bhd founder and adviser Tan Sri Vincent Tan expressed, “This venture is more than just building a luxury destination; it’s about contributing to the growth of our nation’s businesses. We are committed to showcasing Malaysia’s expertise in the global market and creating a world-class destination that reflects the best of Malaysia.”

The Four Seasons Okinawa project, covering 32 acres, is scheduled for a grand opening in the second quarter of 2027, with a gross development value estimated at $1.12 billion.

In Friday trading session, BLand maintained a share price of 27 sen, resulting in an unchanged market capitalisation of RM1.35 billion.

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