DanaInfra Nasional Bhd (DINB) has extended the offer period and upped the indicative profit rate, for the country’s first Exchange Traded Bonds and Sukuk (ETBS) or DanaInfra Retail Sukuk for retail investors, in a move to woo more investors to take up the new asset class.
The offer period now closes a week later on Jan 25, 2013, while the indicative profit rate which was previously at a minimum of 3.7% per annum has now been fixed at 4% per annum. The money raised from the DanaInfra Retail Sukuk is to partly fund the MRT project, a RM15 billion project………………………………………..Full Article: Source