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Malaysian Government plans MYR 8 bln Sukuk to part finance trains

Posted on 05 July 2012

The Government-guaranteed Sukuk constitutes the first tranche of financing for Malaysia’s Mass Rapid Transit (MRT) Sungai Buloh-Kajang (SBK Blue Line) project, which has been estimated to cost a total of more than MYR 30 billion.
The Sukuk issuance will be made through Ministry of Finance vehicle Danainfra Nasional Bhd, which has been mandated as a special funding vehicle to facilitate the fundraising for the MRT Project………………………………………..Full Article: Source

 
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