Prasarana to go into debt market again


Capital raising: Prasarana will raise up to RM6bil to fund its ongoing projects which include the LRT3 and the existing projects that it has already approved.

It will raise up to RM6bil for this round of funding

KUALA LUMPUR: Prasarana Malaysia Bhd president and group chief executive officer Datuk Seri Azmi Abdul Aziz said the group will be raising additional debt in a few weeks to fund its ongoing projects.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Sukuk , Prasarana , infrastructure

   

Next In Business News

Singapore signs deal with Latin American bloc
Mah Sing in RM508mil Setapak TOD project
China to step up fiscal support
China’s oil demand growth to cool in 2024 as recovery fades
Pension fund, central bank to extend forex swap plan
Aussie central bank keeps 2% to 3% inflation target
Lending a helping hand
In China’s slowing beauty market, big-brand discounts won’t cut it
Thailand hikes minimum wage to help workers
BoJ policy path gets complicated

Others Also Read