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KPS' Perangsang Capital plans RM500m Sukuk Murabahah


KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd 's unit (KPS) Perangsang Capital Sdn Bhd has proposed to set up an unrated unrated Islamic medium term notes programme of up to RM500mil in nominal value.

KPS, an infrastructure company, announced on Monday that Perangsang Capital had lodged with the Securities Commission to set up the programe under the Shariah principle of Murabahah (via Tawarruq arrangement).

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