Fund-raising: Maxis had in December last year proposed an internal reorganisation aimed at consolidating and integrating the businesses and undertakings of Maxis’ wholly owned operating subsidiaries under MBSB. — Bloomberg
PETALING JAYA: Maxis Bhd
’s unit, Maxis Broadband Sdn Bhd (MBSB), plans to issue Islamic medium-term notes with a nominal value of up to RM10bil, which will be partly used to finance the group’s internal reorganisation exercise.
In a filing with Bursa Malaysia, the telecommunications service provider said MBSB made a lodgement yesterday with the Securities Commission (SC) for the unrated sukuk murabahah programme by MBSB.
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