KUCHING: Cahya Mata Sarawak Bhd (CMS) plans to raise RM1bil in syariah-compliant fund for its capital expenditure (capex) requirements and working capital.
According to group chairman Tan Sri Syed Anwar Jamalullail, the Sarawak conglomerate expects to undertake a proposed sukuk programme of up to RM1bil in nominal value for a period of up to 20 years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!