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Community 12 Jan 2017 | 12:00 AM

Company’s two new products to benefit investors

KOTA KINABALU: Sabah Credit Corporation (SCC) has introduced two new programmes – upsizing of its Sukuk (Islamic bond) programme and i-CASH, to help investors and clients benefit further from its services.

Business 25 Jan 2016 | 12:00 AM

Saudi airline plans maiden bond sale

DUBAI: Saudi Arabia’s main airline said it is planning to sell as much as 5 billion riyals (US$1.3bil) of Islamic bonds in the second quarter to refinance loans and buy planes, becoming the latest issuer in the kingdom to tap debt markets for cash amid an oil slump.

Business 28 Nov 2015 | 12:00 AM

Short position

THE business of exploring and building up oil and gas (O&G)-producing facilities is an expensive one. Such hefty capital expenditure (capex) bills made sense when you could sell the end product for a high price.

Business 27 Nov 2015 | 12:00 AM

Sime’s plan to reduce RM19.7bil debt; may monetise assets, place out shares

KUALA LUMPUR: Sime Darby Bhd, which has businesses ranging from plantations to automobile distributorships, may monetise its assets or place out shares to targeted groups in efforts to pare down debt of RM19.7bil, which has risen as a result of the acquisition of Port Moresby-based New Britain Palm Oil Ltd (NBPOL).

Business 17 Oct 2015 | 12:00 AM

PLUS toll hike due next year

WHILE all the attention and grouse has been focused on the hike in toll rates on 17 intra-urban highways, another toll hike, this time impacting the whole of Peninsular Malaysia, has been scheduled for next year.

Markets 09 Sep 2015 | 12:00 AM

Test for Malaysian sukuk market

KUALA LUMPUR: Time dotCom Bhd is set to test the resilience of the world’s biggest Islamic bond market after the ringgit extended its losses to 27% in the past 12 months.

Business 22 Jul 2015 | 12:00 AM

RM38bil in sukuk planned for this year

PETALING JAYA: Malaysia has more than RM38bil of sukuk issuances in the pipeline dominated by the private sector.