Axiata plans to raise US$1bil worth of sukuk


From left to right: Axiata Group Bhd MD and CEO Tan Sri Jamaludin Ibrahim, chairman Tan Sri Ghazzali Sheikh Abdul Khalid and deputy CEO Datuk Izzaddin Idris after Axiata's AGM on Wednesday -- pic by Low Lay Phon/the Star

KUALA LUMPUR: Axiata Group Bhd is taking advantage of the current low-interest rate environment to raise US$1bil worth of sukuk.

It is expected to be one of the largest sukuk raised by corporates since 2015 when Petroliam Nasional Bhd raised US$1.25bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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