PETALING JAYA: Ranhill Bhd subsidiary Ranhill Power Sdn Bhd has received approval from the Securities Commission (SC) for the issuance of Sukuk Musharakah of up to RM800mil in nominal value.
In an announcement to Bursa Malaysia yesterday, Maybank Investment Bank Bhd, acting as the lead arranger, principal adviser and lead manager on behalf of Ranhill, said the sukuk would have a tenure of up to 15 years and be issued in two tranches.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!