PETALING JAYA: PLUS Expressways Bhd plans to issue RM6.05bil zero coupon sukuk or Islamic bonds in three series to convert its Bai Bithaman Ajil Islamic debt securities (BaIDS) and zero coupon serial bonds into globally syariah-compliant instruments.
The company also said it planned to establish a RM4.5bil nominal value sukuk medium-term notes programme and revised certain principal terms and conditions of its RM5.1bil BaIDS.
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