| Sarawak Energy, the state-owned electricity group, has announced its maiden Sukuk Musharakah program for RM15bn ($4.9bn), the largest single debt program ever established by a Malaysian utility company.
Proceeds are to be used for Capex and refinancing of existing debts. As a key facilitator of the state and federal governments' plans to tap Sarawak's energy resources via the development of the Sarawak corridor of Renewable Energy, SEB's Sukuk take-up will ensure the success of the energy corridor..............................................Full Article: Source
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