NERS’ Alpha Circle plans RM595m Sukuk

KUALA LUMPUR: NERS Sdn Bhd’s special purpose company Alpha Circle Sdn Bhd has proposed to raise RM595mil under a Sukuk Musharakah programme.

Malaysian Rating Corporation (MARC) said on Wednesday it had assigned preliminary ratings of AA-IS and AIS on Alpha Circle’s proposed RM540mil Senior Sukuk Musharakah (Senior Sukuk) and RM55mil Junior Sukuk Musharakah (Junior Sukuk) respectively under the Sukuk Musharakah programme.

11.11 Flash Sale! Get 40% OFF Digital Access!

Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
NERS Sdn Bhd , special purpose company , Alpha Circle , Sukuk Musharakah , programme , Malaysian Rating Corporation

Next In Business News
The great bus stop bust
From packaging to paddles
Exercise cautious sniffs in malls
BRI-nging growth to Asean
Sabah’s quiet ascent in the consumer market
Red Sea Global fully funded
Investors have forgotten scientific method
From pessimism to positivity
Second wind for Thailand’s industrial estates
Can Ascend Airways balance ambition with restraint?

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.