Strong demand for PHB’s RM1.5bil debut sukuk

Pelaburan Hartanah managing director and chief executive officer Mohamad Damshal Awang Damit.

PETALING JAYA: Property investment company Pelaburan Hartanah Bhd (PHB) has successfully debuted RM1.5bil of its RM5bil sukuk murabahah programmes.

According to the group, the issued sukuk comprises RM1.4bil in sustainability sukuk murabahah and RM100mil in sukuk murabahah, with tenures ranging from one to seven years, conducted through private placement and book building exercises.