PONSB Capital issues sukuk wakalah


In a filing with Bursa Malaysia, DRB-Hicom said the sukuk comprised Islamic commercial papers of RM50mil for six months, as well as two Islamic medium-term notes of RM135mil for five years and RM315mil for seven years, respectively.

PETALING JAYA: PONSB Capital Bhd, DRB-Hicom Bhd’s indirect subsidiary via Perusahaan Otomobil Nasional Sdn Bhd (PONSB), has made its inaugural issuance of sukuk wakalah amounting to an aggregate of RM500mil in nominal value under its sukuk wakalah programmes.

In a filing with Bursa Malaysia, DRB-Hicom said the sukuk comprised Islamic commercial papers of RM50mil for six months, as well as two Islamic medium-term notes of RM135mil for five years and RM315mil for seven years, respectively.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

PONSB Capital , issues , sukuk , wakalah , DRB-Hicom ,

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read