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Malaysia launches RM300mln retail bond to fund rail project

Posted on 09 January 2013

DanaInfra Nasional Bhd, a unit owned by Malaysia’s Finance Ministry, yesterday launched a 10-year Islamic bond worth RM300 million aimed at retail investors to raise funds for the country’s largest infrastructure project.
DanaInfra, which was created last year to facilitate funding for large infrastructure projects, will draw the amount from an RM8 billion bond programme established to cover costs for the planned Mass Rapid Transit (MRT) rail system………………………………………..Full Article: Source

 
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