Top Glove executive chairman Tan Sri Dr Lim Wee Chai said: “The final pricing of 3.95% p.a. that we achieved, as well as the very strong order book exceeding RM7bil, reflects the confidence that investors have in Top Glove and the current favourable market conditions."
KUALA LUMPUR: Top Glove Corporation Bhd
's unit TG Excellence Bhd is set to raise RM1.3bil from the perpetual sukuk issuance, having successfully priced its maiden transaction.
“The initial yield on the perpetual sukuk was priced at 3.95% per annum, which represents the lowest yield ever achieved for a corporate perpetual transaction in the Malaysian markets, ” it said on Thursday.
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