| 03.06.2011 - Esso to launch new Sukuk programme |
| Esso Malaysia Bhd will issue a RM300 million Islamic commercial papers (ICP) programme to finance its syariah-compliant business. In a filing to Bursa Malaysia Thursday, it said the new programme would replace its RM300 million ICP, which matured last month. "The new sukuk, which is based on the principles of Musharakah, allows Esso to raise the fund at an attractive financing costs," it said..............................................Full Article: Source |