13.01.2012 - 1MDB may sell Sukuk to part-finance KLIFD project
1Malaysia Development Bhd (1MDB), a state-owned development company, may sell Islamic bonds to partly fund the construction of an US$8 billion (RM25.2 billion) financial district in Kuala Lumpur. "We have a RM2 billion bridging loan coming due in 2013 and are looking at all options," chief executive officer Shahrol Halmi said in an interview in Kuala Lumpur. "We may sell medium-term syariah-compliant notes if conditions are conducive."..............................................Full Article: Source
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