No significant impact from Maybank Indonesia’s sale of WOM Finance


Maybank Investment Bank Bhd (Maybank IB) said yesterday that Maybank may issue up to RM10bil under the senior sukuk murabahah and/or subordinated sukuk programme under the syariah principle of murabahah

It said on Friday to move to sell the WOM Finance stake to PT Reliance Capital Management for Rupiah 673.8bil Rupiah (RM229.08mil) plus the difference between the book value of WOM Finance for FY Dec 2015 and FY16 was “a surprise”.

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