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1Malaysia Development Bhd (1MDB), a state-owned development company, may sell Islamic bonds to partly fund the construction of an US$8 billion (RM25.2 billion) financial district in Kuala Lumpur.
“We have a RM2 billion bridging loan coming due in 2013 and are looking at all options,” chief executive officer Shahrol Halmi said in an interview in Kuala Lumpur. “We may sell medium-term syariah-compliant notes if conditions are conducive.”……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Property, Projects, Infrastructure more
1MDB may sell Sukuk to part-finance KLIFD project
| Posted on 13 January 2012 |
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