Ekovest Bhd
’s subsidiary Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi) has issued RM2.3bil in nominal value sukuk musharakah and RM180mil in nominal value junior bonds.
The proceeds would be used to redeem Kesturi’s existing RM820mil nominal value Islamic medium term notes and existing RM50mil nominal value redeemable secured junior bonds.
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