Retail investors in Singapore and Thailand will soon be able to take part in Malaysia’s largest infrastructure project, as the country’s stock exchange prepares to issue the first tranche of a 1.5 billion ringgit retail Islamic bond or sukuk.
DanaInfra Nasional Bhd, owned by the Ministry of Finance, is scheduled to issue the tranche, a 300 million sukuk, by the end of the month. It will be the first retail bond to rely on the ASEAN Trading Link, which connects the stock exchanges in Malaysia, Singapore and Thailand. Indonesia, Philippines,Vietnam are set to join the trading link in the near future………………………………………..Full Article: Source