OCK launches RM150mil Islamic bond programme

KUALA LUMPUR: OCK Group Bhd, which has launched its RM150mil Islamic bond programme, is targeting to raise RM5mil initially to activate the sukuk programme while utilising the rest of the proceeds for its needs over the next two to three years.

Managing director Sam Ooi said after the sukuk launch yesterday that the local telecommunications network services company was in a better position to build more towers when required by its clients with the availability of another fund-raising option.