The company will use the proceeds from the sukuk for future investments and general working capital, including its glove production venture and healthcare segment.
KUALA LUMPUR: Mah Sing Group Bhd
has completed its proposed convertible sukuk with the issuance of RM100mil sukuk yesterday.
The issuance of the nominal value of seven-year redeemable convertible Sukuk Murabahah carries a fixed profit rate of 3% per annum payable semi-annually.
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