Scientex's subsidiary proposing to establish RM1.5bil sukuk wakalah programme


KUALA LUMPUR: Scientex Bhd’s wholly-owned subsidiary, Scientex Quatari Sdn Bhd is proposing to establish a Sukuk Wakalah Programme, under which it will issue multi-currency Islamic medium-term notes of up to RM1.5 billion in nominal value.

In a filing with Bursa Malaysia today, Scientex said the company has lodged with the Securities Commission Malaysia (SC) all the required information and relevant documents relating to the Sukuk Wakalah Programme pursuant to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Scientex , Sukuk Wakalah

Next In Business News

Ringgit rises to 3.97 as US-Iran ceasefire lifts market
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
SC appoints Manoj Kurup as executive director for enforcement
Ageing population shifts�the re-rating narrative
Infoline unit to buy RM19mil factories
LSH Capital wins Kuantan road contract

Others Also Read