Danajamin Nasional Bhd announced that it is guaranteeing the 13-year RM350 million Islamic Medium Term Notes (sukuk) programme issued by Mydin Mohamed Holdings Bhd.
The funds raised from the sukuk issue will be used to finance the construction and development of three Mydin hypermarkets, which is part of Mydin’s Entry Point Project under the Economic Transformation Plan, Danajamin said in a statement………………………………………..Full Article: Source