KUALA LUMPUR: MNRB Holdings Bhd
has established a commercial paper (CP) programme of up to RM500mil in nominal value to raise funds for its working capital, investments, capital expenditure and other corporate purposes.
In a filing with Bursa Malaysia, the company said it lodged the required information and relevant documents for the proposed CP programme with the Securities Commission (SC) on Sept 1, 2026 under the Lodge and Launch Framework.
The seven-year CP programme will allow MNRB Holdings to issue CPs from time to time, subject to a maximum nominal value of RM500mil.
The first issuance of CPs is required to be made within 90 business days from the lodgement date, or such other period as may be prescribed by the SC. The CPs will have a tenure of between one and 12 months, provided they mature before the plan’s expiry. — Bernama
