Maju Expressway major shareholder proposes up to RM1.35b Sukuk


KUALA LUMPUR: Bright Focus Bhd, which owns 96.8% of tolled road concessionaire Maju Expressway Sdn Bhd (MESB), has proposed to issue up to RM1.35bil in Islamic securities.

RAM Rating Services said on Tuesday it had assigned a preliminary long-term rating of AA2, with a stable outlook.

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