Malaysian construction company Eversendai Corp Bhd will issue RM500 million worth of Islamic bonds, or sukuk, after getting approval from the securities commission, the firm said.
Eversendai, which focuses on construction jobs in the Middle East, said it has mandated Standard Chartered Saadiq Bhd as the principal adviser, lead arranger and the lead manager for the seven-year sukuk programme………………………………………..Full Article: Source