Sime Darby Property’s RM800mil sukuk oversubscribed by 6.74 times

Sime Darby Property group managing director Datuk Seri Azmir Merican

PETALING JAYA: Sime Darby Property Bhd has completed its third Sukuk issuance under its Sukuk Musharakah Programme, with RM800mil in nominal value as part of its RM4.5bil programme.

The group said the sukuk is oversubscribed by 6.74 times, with the issuance accumulating an order book valued at RM5.4bil.