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PKNS eyes potential investors to take up RM700 mln Sukuk at MIPIM Asia

Posted on 16 November 2011

The Selangor State Development Corporation (PKNS) is scouting for potential investors to take up its RM700 million Sukuk (Islamic Bond) issuance. Announcing this, PKNS Deputy General Manager (Corporate Affairs), Datin Paduka Norazlina Zakaria said PKNS was currently finalising issuance of the sukuk with the relevant Malaysian authorities.

“We hope to come up with the sukuk by next month,” she told BERNAMA on the sidelines of MIPIM Asia 2011, a prominent real estate event in the Asia-Pacific region, which begins today at the Hong Kong Convention and Exhibition centre…………………………………….Full Article: Source

 
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