06.07.2011 - Malaysia insurers to buy Tenaga Sukuk
Malaysiaís insurers say they will buy 20-year Islamic bonds to be sold by Tenaga Nasional Bhd, the nationís biggest power producer, amid a scarcity of securities maturing in more than 10 years. Tenaga plans to raise as much as RM5 billion (US$1.7 billion) from the sale, likely in the third quarter, Chief Executive Officer Che Khalib Mohamad Noh said.............................................Full Article: Source
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