KUALA LUMPUR: TDM Bhd
has proposed the issuance of a sukuk wakalah programme with a total programme limit of RM1.5 billion to enhance operational efficiency, support future investments, and meet its financial commitments in compliance with Shariah principles.
TDM said a significant portion of the sukuk proceeds will be allocated to fund capital expenditures, investments, working capital, and general corporate purposes of the group.
