KUALA LUMPUR: Mah Sing Group Bhd
has completed its issuance of secured and unrated Sukuk Murabahah of RM250 million in nominal value under its existing Sukuk Murabahah Programme.
In a filing to Bursa Malaysia today, the real estate developer said the Sukuk Murabahah has a five-year tenure and a fixed profit rate of 4.50 per cent per annum, payable semi-annually.
