KUALA LUMPUR: Petronas Gas said on Friday its subsidiary Pengerang LNG (Two) Sdn Bhd had concluded a 1.7 billion ringgit ($410.23 million issue of a 20-year multi-tranche Sukuk Murabahah that was oversubscribed by three times.
Petronas Gas, a unit of state owned Petronas Group, said Pengerang LNG (Two) will primarily use the proceeds to repay its outstanding shareholders' loans in full.
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