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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Malaysia Airlines in no rush to issue third tranche sukuk

Posted on 20 December 2012

Malaysia Airlines (MAS) is in no rush to issue the third tranche of its sukuk programme, says Chairman Tan Sri Md Nor Yusof. “We don’t need the funding for now,” he said during the visit of International Trade and Industry Minister Datuk Seri Mustapa Mohamed to MAS-GMR Aerospace Engineering Company Ltd’s maintenance, repair and overhaul facility in Hyderabad, India.
The recovery plans are in place already and going on well. “We will do it when the need arises,” he said when asked when MAS would issue its next sukuk………………………………………..Full Article: Source

 
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