Qhazanah Sabah wants to raise RM1bil 'standby funds' through sukuk bonds


KOTA KINABALU: State government-linked company Qhazanah Sabah is seeking to raise RM1bil through sukuk bonds to have standby funds available for its subsidiary companies to carry out various projects.

Qhazanah Sabah chairman Datuk Dr Yusof Yacob said the fund would be placed in standby for them to use for various projects, including the development of green energy generation, medical facilities, setting up a halal hub and transport and logistics among others.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Sabah must move beyond politics with elections over, says Masidi
Nilai bomb maker remanded until Jan 3
Twelve men and Vietnamese woman arrested over armed restaurant fight in JB
Community leader calls for investigation into public indecency at Likas Bay
Kelantan customs seize smuggled cigarettes in Tanah Merah raid
166kg of waste collected at Pantai Kekabu in two hours
Residents advised to report tremor experiences as agencies assess situation
Caretaker arrested for alleged child abuse at Cheras nursery
Teen motorcyclist killed in collision with 4WD near Kluang, bike was stolen, say cops
Istana Arau draws media ahead of new MB swearing-in ceremony

Others Also Read