OTHERS SUNWAY BERHAD ("SUNWAY") - PROPOSED ISSUANCE OF UNRATED MEDIUM TERM NOTES PURSUANT TO A MEDIUM TERM NOTE PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE BY SUNWAY VELOCITY MALL SDN BHD, A SUBSIDIARY (Sunway Bhd)

(Source: Sunway Bhd) 1. INTRODUCTION The Board of Directors of Sunway is pleased to announce that Sunway Velocity Mall Sdn Bhd ("SVM" or the "Issuer"), a 59% owned subsidiary of Sunway City Sdn Bhd which in turn is a wholly-owned subsidiary of Sunway, had received authorisation from the Securities Commission ("SC") to establish a Medium Term Note Programme for the issuance of unrated medium term notes ("MTNs") of up to RM1.0 billion in nominal value ("MTN...