KUALA LUMPUR: Varia Bhd
plans to raise up to RM3bil through the proposed issuance of Islamic medium-term notes (IMTNs).
The construction and property development company said it has lodged the required information and relevant documents for the sukuk murabahah programme of up to that amount with the Securities Commission.
The plan will have a perpetual tenure while the IMTNs issued under it will have a tenure of one year to 30 years, it said in a filing with Bursa Malaysia. — Bernama
