Bumitama issues RM500mil sukuk


PETALING JAYA: Bumitama Agri Ltd has successfully priced and issued its inaugural RM500mil five-year sukuk issuance under its maiden sukuk programme of up to RM2bil in nominal value.

The company’s joint principal adviser, joint lead arranger, joint lead manager and joint bookrunner Maybank Investment Bank Bhd said in a statement that the issuance marked the Indonesian-based, Singapore-listed company’s foray into the Malaysian capital markets for financing.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , maybank IB

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