Boustead slips to RM28m net loss in 2Q, pays one sen dividend

KUALA LUMPUR (Aug 30): Boustead Holdings Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18), mainly due to reduced contributions from plantation, heavy industries and property divisions, as well as after allocation to non-controlling interests and perpetual sukuk holders.

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Yong Tai to raise up to RM1b via sukuk

KUALA LUMPUR (April 11): Yong Tai Bhd has established a sukuk or Islamic Medium Term Note Programme of RM1 billion in nominal value to finance its investment activities, capital expenditure and working capital requirements.

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LBS Bina sets up RM500m sukuk programme

KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.

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