KUALA LUMPUR: Gopeng Bhd
’s wholly owned subsidiary GBS Green Sdn Bhd has raised RM180 million from the first tranche of its ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk Wakalah programme.
In a filing with Bursa Malaysia today, Gopeng said the sukuk forms part of a larger Islamic medium-term notes programme of up to RM500 million in nominal value, established on March 6, 2026.
"The issuer successfully completed the first issuance of Tranche 1 ASEAN Green SRI Sukuk Wakalah amounting to an aggregate of RM180 million in nominal value,” it said.
Gopeng said proceeds from the sukuk will be utilised for shariah-compliant purposes, including financing and refinancing eligible green projects, as well as covering construction and development costs and meeting reserve requirements.
It said the proceeds will also be used to defray programme-related fees, expenses and financing costs, as well as to support working capital needs.
Besides that, Gopeng said that, in respect of the first tranche, the proceeds have been used to partly settle amounts owed by its wholly owned subsidiary GBS Suria Sdn Bhd to Sunway Construction Sdn Bhd under an engineering, procurement, construction and commissioning (EPCC) contract.
The Tranche 1 sukuk has been assigned a final long-term rating of AA2 with a stable outlook by RAM Rating Services Bhd.
RHB Investment Bank Bhd is the principal adviser, lead arranger and lead manager for the sukuk wakalah programme, while RHB Islamic Bank Bhd acts as the shariah adviser. - Bernama
