Affin appointed principal adviser for sukuk


KUALA LUMPUR: Affin Investment Bank Bhd said yesterday it has been appointed principal adviser and lead arranger for the proposed RM752.24mil Sukuk Mudharabah to be issued by Manfaat Tetap Sdn Bhd. 

In a statement, Affin Investment said Manfaat Tetap, a wholly owned subsidiary of Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd (SILK), was a special purpose vehicle set up to refinance SILK's existing RM2.01bil Al-Bai Bithaman Ajil Islamic debt securities (BaIDS). 

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