Chin Hin in third MTN issuance

PETALING JAYA: Chin Hin Group Bhd has announced the third issuance of its perpetual medium-term notes (MTN) of RM10mil in nominal value, pursuant to its perpetual MTN programme of RM500mil.

In a filing with Bursa Malaysia, the firm said the first call date is five years from the issue date, with semi-annual coupon payment frequency at an initial fixed rate of 7.5% per annum.