KUALA LUMPUR: TH Heavy Engineering Bhd has proposed to issue non-rated Sukuk of up to RM170mil in nominal value at a profit rate of 7% per annum.
It said on Thursday it had mandated MIDF Amanah Investment Bank Bhd to be the principal adviser. MIDF Investment and Hong Leong Islamic Bank Bhd were mandated to act as joint lead arranger and joint lead manager for the Sukuk Murabahah.
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