Naza TTDI starts RM300mil sukuk programme


Naza TTDI CEO Daniel Lim Hin Soon

KUALA LUMPUR: Property developer Naza TTDI Sdn Bhd has established a Sukuk Murabahah programme of up to RM300mil in nominal value via its wholly-owned subsidiary Naza TTDI Capital Bhd.

The sukuk programme was lodged with the Securities Commission on April 22,2021 and this will allow Naza TTDI to issue sukuk over the next 15 years.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australian dollar scales 15-month high on strong jobs data
Gold dips, stocks lift as Trump walks back Greenland threats
Ringgit opens firmer on OPR hold expectations
Bursa Malaysia tracks global rebound as Trump walks back tariffs threat
Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract

Others Also Read