S P Setia issues RM434m sukuk

KUALA LUMPUR: S P Setia Bhd's wholly-owned subsidiary Setia Recreation Sdn Bhd has issued Islamic medium-term notes (sukuk murabahah) worth RM434mil, pursuant to a sukuk murabahah programme of up to RM434mil in nominal value (sukuk murabahah programme).

The programme has a tenure of up to 10 years from the date of the first issue, it said in its filing with Bursa Malaysia yesterday. — Bernama

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