AmBank grants RM115 million financing facilities to Senibong Cove Development Sdn Bhd and RM78 million to JBB Builders (M) Sdn Bhd for the reclamation of waterfront land in Senibong Cove in Johor Bahru

JOHOR BAHRU, Sept 30 (Bernama) -- AmBank Group has granted RM115 million financing facilities to Senibong Cove Development Sdn Bhd, a wholly owned subsidiary of WM Senibong Sdn Bhd; and RM78 million to JBB Builders (M) Sdn Bhd, the appointed contractor for the reclamation of 150 acres of waterfront land in Senibong Cove, directly across the Johor Strait from Sembawang, Singapore (“The Project”).
 
Senibong Cove is a luxury waterfront development in Johor Bahru; well-known for its beautiful marina, lush vistas, and spectacular water views. This is an exclusive 215-acres community, situated across the Johor Straits from Singapore, redefining waterfront lifestyle. Today, Senibong Cove boasts an extensive waterfront boardwalk, a world-class marina, lush parks and more than 1,400 completed homes.