Maxis major shareholder’s credit profile intact despite RM840mil sukuk: The credit profile of Maxis Bhd
’s indirect major shareholder, BGSM Management Sdn Bhd, will remain intact despite the telco’s recent issuance of 10-year RM840mil Islamic medium-term notes. RAM Ratings said the issuance is part of a RM5bil unrated Sukuk Murabahah programme. BGSM Management owns an indirect stake of 65% in Maxis. - StarBiz
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
