PETALING JAYA: A unit of Kumpulan Perangsang Selangor Bhd has proposed to set up an unrated Islamic medium-term notes programme of up to RM500mil in nominal value.
The group, in a filing with the stock exchange, said Perangsang Capital Sdn Bhd, had made a lodgement to the Securities Commission for the setting up of the programme under the syariah principle of murabahah.
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