SimeProp’s sukuk sees good demand

The group said the sukuk was oversubscribed by 6.74 times.

PETALING JAYA: Sime Darby Property Bhd (SimeProp) 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 was oversubscribed by 6.74 times, with the issuance accumulating an order book valued at RM5.4bil.

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SimeDarbyProperty , SukukIssuance , InvestmentGrade , SukukMusharakah

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