KUALA LUMPUR: Cenergi SEA Bhd has successfully issued its inaugural RM210 million Senior Islamic Medium-Term Notes, which would enable it to effectively manage and optimise its cashflow, grow its business, and support the government's aspiration in the enhancement of the renewable energy (RE) sector.
The sukuk is based on the Shariah principle of Wakalah Bi Al-Istithmar in compliance with the Securities Commission Malaysia’s (SC) Sustainable and Responsible Investment (SRI) Sukuk framework, ASEAN Green Bonds Standards issued by the ASEAN Capital Markets Forum, and Green Bond Principles issued by the International Capital Market Association (ASEAN SRI Green Senior Sukuk Wakalah).
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