Mon, Jul 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Malaysia’s UEM, EPF to sell $10.5 bln Islamic debt to buy PLUS-report

Posted on 18 November 2011

Malaysia’s UEM Group Bhd and the Employees Provident Fund will raise as much as 33 billion ringgit ($10.5 billion) to fund a takeover of highway operator PLUS Expressways Bhd, a financial daily said on Thursday.
“The money will consist of about 22 billion ringgit for the consideration to take over PLUS and about 11 billion ringgit of its existing debts,” the Malaysian Reserve quoted UEM Group’s managing director and chief executive, Izzadin Idris, as saying……………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031