Malakoff Power issues sukuk


PETALING JAYA: MMC Corp Bhd said its 51%-owned Malakoff Corp Bhd’s wholly owned unit Malakoff Power Bhd had issued RM5.38bil in nominal value of sukuk murabahah.

The sukuk, which was issued yesterday, has been accorded a rating of AA-IS with “stable” outlook by Malaysian Rating Corp Bhd.

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Business , MMC Corp Bhd , Malakoff , Sukuk

   

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