Business News

Published: Thursday December 5, 2013 MYT 7:10:00 PM
Updated: Thursday December 5, 2013 MYT 7:11:54 PM

S P Setia gets SC nod for RM700m Sukuk programme

KUALA LUMPUR: S P Setia Bhd has received the Securities Commission’s approval for a proposed Sukuk Musharakah programme of up to RM700mil in nominal value.

The property company said on Thursday the programme was set up to raise funds as and when required which include investments and working capital.

The Sukuk Musharakah will not be rated.

Hong Leong Investment Bank Bhd, RHB Investment Bank Bhd and CIMB Investment Bank Bhd have been appointed as joint principal advisers and joint lead arrangers for the Sukuk programme.

Tags / Keywords: Business News, Investing

advertisement

  1. Property transactions dip, but house prices continue to rise
  2. 1MDB's annual land assessments set a precedent
  3. 1MDB and US firm in solar tie-up
  4. Liew's 2.76% stake in S P Setia traded off-market at RM3.95 per share
  5. Bulk of 1MDB loans guaranteed by Govt
  6. Daya Materials, Italy's Cimolai in mobile straddle transporter
  7. M'sian property market falls 10.9% in volume, rises 6.7% in value
  8. Auditors highlight several critical areas in 1MDB's books
  9. Malaysian billionaire Quek to take slice of Alam Maritim?
  10. Saving in fixed deposits is so safe that it’s risky!

advertisement

advertisement