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Star Biz7

The lure and risks of perpetual bonds

By RISEN JAYASEELAN
YNH plans to sell its seven-storey retail shopping centre known as 163 Retail Park to Sunway Real Estate Investment Trust for RM215mil.

THE issuance of perpetual bonds by large corporations in Malaysia is not new.

Many large listed corporations use it as a funding mechanism. Besides banks, property developers have also issued perpetual bonds.

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YNH Property , perpetual bonds , MARC Ratings , Tropicana Corp , risks , Yinson , Bursa Malaysia

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