| UEM Land Bhd, Malaysia's biggest property company by market value, started marketing RM600mil sukuk, its first issuance of syariah-compliant Islamic bonds, two people familiar with the sale said.
The company was seeking to price the five-year sukuk to yield 4.25% to 4.4%, said the people who asked not to be named as the information is private. That's as much as 114 basis points above similar-maturity non-Islamic government debt, according to Bank Negara Malaysia index...............................................Full Article: Source
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