LBS lodges RM750mil Sukuk Wakalah Programme

The lodgement of LBS’ Sukuk Wakalah programme and the establishment of its inaugural Sustainability Financing Framework demonstrates the group’s humble aspiration towards a responsible, sustainable and socially inclusive future, says LBS executive chairman Tan Sri Ir Lim Hock San.

LBS Bina Group Bhd has lodged a Sukuk Wakalah programme of up to RM750mil in nominal value with the Securities Commission Malaysia.

According to LBS executive chairman Tan Sri Ir Lim Hock San, the lodgement of LBS’ Sukuk Wakalah programme and the establishment of its inaugural Sustainability Financing Framework demonstrates the group’s humble aspiration towards a responsible, sustainable and socially inclusive future.