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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

UMW eyes $228 mln from Islamic bonds

Posted on 24 June 2009

From Btimes.com.my: UMW Holdings Bhd plans to raise up to RM800 million (US$228 mln) from the sale of Islamic commercial papers and medium-term notes to fund working capital, existing or future projects and to refinance debt.

It has hired Maybank Investment Bank to help arrange the bond sale, which will be done under the Musyarakah concept, it told Bursa Malaysia……..Full Article: Source

 
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