NERS’ Alpha Circle plans RM595m Sukuk

KUALA LUMPUR: NERS Sdn Bhd’s special purpose company Alpha Circle Sdn Bhd has proposed to raise RM595mil under a Sukuk Musharakah programme.

Malaysian Rating Corporation (MARC) said on Wednesday it had assigned preliminary ratings of AA-IS and AIS on Alpha Circle’s proposed RM540mil Senior Sukuk Musharakah (Senior Sukuk) and RM55mil Junior Sukuk Musharakah (Junior Sukuk) respectively under the Sukuk Musharakah programme.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Subscribe

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

Subscribe

1 month

Free Trial

For new subscribers only

Subscribe
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

NERS Sdn Bhd , special purpose company , Alpha Circle , Sukuk Musharakah , programme , Malaysian Rating Corporation

   

Report it to us.

Next In Business News
Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.