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Malaysia water assets company may raise funds via Islamic bonds

Posted on 18 December 2008

From Nasdaq.com: Malaysia’s national water assets management company Pungurusan Aset Air Berhad said Wednesday it may raise funds via Islamic bond issuance to partially finance its acquisition of the country’s water assets and to improve services.

“The bonds are likely to be Islamic,” PAAB Chief Executive Suhaimi Kamaralzaman told reporters at a news conference. He didn’t disclose details of the bonds or the timing of the issue….. Full Article: Source

 
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