28.04.2011 - Gema Padu Islamic bond sale
Gema Padu Sdn Bhd, a privately held property developer, has raised some RM100 million from the sale of four-year Islamic bonds, which were guaranteed by bond insurer Danajamin Nasional Bhd. This is Danajamin’s first guarantee to a non public-listed company and also Gema Padu’s first sukuk issuance. The sukuk comes under Gema Padu’s RM170 million seven-year programme..............................................Full Article: Source
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