Asian Pac unit to issue RM200mil notes


PETALING JAYA: Syarikat Kapasi Sdn Bhd, a wholly owned unit of Asian Pac Holdings Bhd, has proposed to issue RM200mil nominal value of up to 5-year guaranteed commercial papers or medium term notes to be guaranteed by Danajamin Nasional Bhd.

In a filing with Bursa Malaysia yesterday, Asian Pac said its principal adviser and lead arranger Affin Investment Bank Bhd would be submitting the proposed programme for the approval of the Securities Commission on behalf of Kapasi.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to rise ahead of speeches from Fed officials
Sarawak Cable finds new hope as alternative party is identified
Main Market-bound Feytech IPO public portion oversubscribed
Bursa lifts Awantec's affected issuer status
SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences
Ringgit ends firmer against US dollar
InNature buys 'Burger & Lobster' franchise, eyes expansion into F&B Sector
Bank Negara fines Habib with RM96,250 for AMLA non-compliance
Pharmaniaga says 'stands firm' on financial recovery to exit PN17
Kobay gets UMA query from Bursa Malaysia

Others Also Read