Sunview Berhas informed that Fabulous Sunview Sdn. Bhd a wholly-owned subsidiary of Sunview, had accepted banking facilities of RM30 million from Bank Muamalat Malaysia Berhad.

The group said the facilities are not expected to have any effect on the issued share capital as well as the shareholdings of its substantial shareholders as it does not involve any issuance of new ordinary shares in the company.
Sunview expects the facilities to contribute positively to the earnings once they are utilised to generate future income.

The debt-to-equity ratio of Sunview is 0.95 times however after the acceptance and utilisation of the facilities, the debt to equity ratio is expected to increase to 1.05 times.