UEM Edgenta to make RM1b sukuk issuance

In a filing with Bursa Malaysia, it said the proceeds raised from the sukuk programmes would be utilised for its syariah-compliant general corporate purposes.

KUALA LUMPUR: UEM Edgenta Bhd will issue Islamic commercial papers (ICP programme) and Islamic medium-term notes (IMTN) with a combined aggregate up to RM1bil in nominal value and a sub-limit of RM300mil.

In a filing with Bursa Malaysia, it said the proceeds raised from the sukuk programmes would be utilised for its syariah-compliant general corporate purposes.