DanaInfra sells RM2.5bil sukuk for MRT project


  • Business
  • Thursday, 24 Jul 2014

KUALA LUMPUR: Danainfra Nasional Bhd, a company created by Malaysia's finance ministry to raise funds for the country's most extensive infrastructure project, has raised RM2.5bil (US$789.14mil) by selling three Islamic bonds, reported IFR.

The sale comprised a RM1.6bil sukuk, RM300mil sukuk and RM400mil sukuk with tenors of seven to 20 years, reported IFR, a Thomson Reuters publication.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read