Nexus -
info_outline
Stay signed in to save your points and redeem your rewards at Nexus

Your Rewards are Waiting!

Stay signed in to save the points you've earned. Click on the points to redeem your rewards at Nexus before they expire.

Login In Now
Business

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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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
Vestland wins RM225mil Kelantan deal
Tycoon piling into S’pore property eyes huge deal
Edelteq to ride on higher contribution from associate
Nor Shahmir Nor Shahid is Turiya MD
Ancom Nylex posts higher 1Q earnings
AWC firms up role as Gamuda subcontractor
Velesto faces softer rig market
IDX bets on quality over quantity in IPO shakeup
CelcomDigi accepts RM381.75mil spectrum award
mm2 Asia, unit still owe US$171,000 in CPF arrears

Trending in Business

Others Also Read

Load more

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

Best viewed on Chrome browsers.