Overwhelming response to Cagamas’s RM1.04b issuances


Cagamas president/CEO, Datuk Chung Chee Leong said the company’s latest issuances were supported by encouraging demand from investors as the book building exercise attracted a wide and diverse base of investors.

KUALA LUMPUR: Cagamas Bhd’s aggregate issuances of RM1.045bil received overwhelming response with a final overall book-to-cover (BTC) ratio of 2.26 times.

It said on Tuesday its aggregate issuances of RM1.045bil comprised of RM345mil three-month Islamic commercial papers (ICPs), RM300mil three-month conventional commercial papers (CCPs) and RM400mil three-year Islamic medium term notes (IMTNs).

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