Yinson sets up Islamic MTN programme up to RM1b


Yinson's FPSO Abigail Joseph, Nigeria.

KUALA LUMPUR: Yinson Holdings Bhd plans to set up an Islamic medium-term notes programme up to RM1b for working capital, refinancing of existing financing/borrowings.

In a filing with Bursa Malaysia on Monday, it said it had lodged with the Securities Commission (SC) for the Sukuk Wakalah programme based on the Shariah principle of Wakalah Bi Al-Istithmar.

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