S P Setia sets up Islamic financing programmes with combined value of RM4bil


KUALA LUMPUR: S P Setia Bhd has established two major Islamic financing programmes with a combined nominal value of RM4 billion.

In a filing with Bursa Malaysia, the property developer said it lodged the necessary documents today with the Securities Commission (SC) for the implementation of a sukuk wakalah programme of up to RM3.5 billion and an Islamic commercial papers (ICP) programme of up to RM500 million.

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