Solarvest plans RM1bil sukuk wakalah programmes for strategic expansion

Solarvest executive director and group chief executive officer Davis Chong Chun Shiong

KUALA LUMPUR: Solarvest Holdings Bhd has made a lodgement with the Securities Commission (SC) for the establishment of an Islamic Medium-Term Notes (IMTNs) programme and an Islamic Commercial Papers (ICPs) programme, with a combined limit of up to RM1bil.

Under the IMTN Programme, Solarvest may also issue Sustainable and Responsible Investment IMTNs in accordance with Solarvest's sustainability sukuk framework and the sustainability guidelines defined in SC Guidelines on Unlisted Capital Market Products.