KUALA LUMPUR: Kimlun Corporation Bhd
has successfully issued Islamic commercial papers (ICP) with a nominal value of RM10.81 million pursuant to its ICP programme.
The construction company said the proceeds raised from the issuance of the ICP will be utilised by Kimlun and its subsidiaries for shariah-compliant general corporate purposes, including working capital, capital expenditures and the refinancing of existing group financing.
