DanaInfra sells RM2.5bil sukuk for MRT project


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.

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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.

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