Bina Darulaman issues maiden RM50 mil sukuk

KUALA LUMPUR (June 23): Bina Darulaman Bhd (BDB) has issued its maiden sukuk, RM50 million Sukuk Wakalah, the first tranche of the Kedah-based property and construction company's seven-year, RM100 million Sukuk Wakalah Programme.

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Bina Darulaman 1Q net profit drops 88%

KUALA LUMPUR (May 15): Bina Darulaman Bhd's net profit fell 88% to RM279,000 in its first quarter ended March 31, 2017 (1QFY17), mainly due to a loss of interest income from the early settlement of financing for the Insaniah University College (KUIN) campus project.

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