Malaysia’s Emery Oleochemicals Group, a producer of plastic additives, delayed a plan to sell RM480 million (US$151 million) of Islamic bonds to the second quarter of next year because it has sufficient funds.
The company has “strengthened its financial resources” and is pushing back the bond sale to a time when “additional funds are required for its various long-term growth projects,” Emery said……………………………………….Full Article: Source