The funds will provide additional capital for continued progress of the project, which houses the world’s second-tallest building, Merdeka 118. — Bloomberg
Kuala Lumpur: PNB Merdeka Ventures Sdn Bhd is setting up a programme to sell as much as RM6bil or about US$1.4bil in Islamic bonds to partly fund the ongoing development of the Merdeka 118 precinct.
The funds will provide additional capital for continued progress of the project, which houses the world’s second-tallest building, Merdeka 118.
