UEM Edgenta Will Raise RM1 Bln From Sukuk

KUALA LUMPUR, March 15 (Bernama) — UEM Edgenta Bhd will issue Islamic Commercial Papers (ICP Programme) and Islamic Medium-Term Notes (IMTN) with a combined aggregate up to RM1 billion in nominal value and a sub-limit of RM300 million.

In a filing to Bursa Malaysia today, it said the proceeds raised from the sukuk programmes would be utilised for its shariah-compliant general corporate purposes.

The company added that it had lodged the required information and relevant documents relating to the proposed sukuk programmes to the Securities Commission…..

(Bernama)

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