KUALA LUMPUR: Nu Sentral Sdn Bhd has established up to RM600 million Islamic Medium-Term Notes Programme (IMTN Programme).

The joint-venture company between Malaysian Resources Corporation Bhd (MRCB) and Pelaburan Hartanah Bhd (PHB) said the proceeds would be used as advance lease payment for the seven-storey Nu Sentral Retail Mall being built at
Lot G site in Kuala Lumpur Sentral development.

"The advance lease payment would be paid over the development period of the retail mall which is expected to be completed by the second half of 2012," it said in a statement on May 11. - Bernama

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