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SME Bank sukuk issuance oversubscribed 5.9 times

Posted on 14 August 2012

SME Bank Bhd’s RM500mil sukuk in two tranches of RM250mil each, from its RM3bil government-guaranteed Islamic medium-term notes (IMTN) has been oversubscribed by 5.9 times.
The bank said this reflected the investors’ confidence for SME Bank to play a greater role in supporting the government agenda to boost small and medium enterprises as engines of economic growth………………………………………..Full Article: Source

 
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