News about sukuk

KUALA LUMPUR (Nov 7): Malaysia Building Society Bhd (MBSB) is eyeing trade financing and money market opportunities now that it has inked a deal to acquire Asian Finance Bank (AFB) for RM644.

KUALA LUMPUR (Sept 26): S P Setia Bhd has raised RM434 million under a sukuk programme with a nominal value of up to the same sum, to part finance its purchase of five parcels of freehold land in Seberang Perai, Penang.

KUALA LUMPUR (July 17): Sunway Bhd today made its first issuance of RM10 million worth of notes under its RM10 billion Islamic medium term note (IMTN) programme.

KUALA LUMPUR (July 13): WCT Holdings Bhd has reached a preliminary view that, subject to formal legal opinion, it has good grounds to defend and oppose three companies’ claims for 181.

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.

KUALA LUMPUR (May 25): Matrix Concepts Holdings Bhd (MCHB) has signed an agreement for the issuance of Islamic commercial papers (ICP programme) and Islamic medium term notes (IMTN programme) with a combined limit of up to RM250 million.

KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.

KUALA LUMPUR (May 12): Sime Darby Bhd has secured US$627.

KUALA LUMPUR (April 20): Malaysia's Public Sector Home Financing Board had today issued up to RM3.

KUALA LUMPUR (Feb 3): Malaysian Rating Corp Bhd (MARC) has removed the rating on WCT Holdings Bhd’s RM2.