SCB Developments completes fund-raising project


PROPERTY Developer SCB Developments Bhd has completed the documentation of for its fund-raising programme comprising two tranches the issuance of RM30mil Islamic commercial papers and RM190mil Islamic bonds. 

The company's RM80mil redeemable convertible bond issue, which makes up the third tranche of the fund-raising programme proposed in August last year, is still pending approval from the Securities Commission. 

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