05.02.2013 - KDU unit to issue RM350mln sukuk ijarah
The Paramount Corporation Bhd (PCB), a wholly-owned subsidiary of KDU University College Sdn Bhd (KDUUC), plans to issue Islamic medium-term notes (sukuk ijarah) of up to RM350 million in nominal value. Hong Leong Investment Bank Bhd, OCBC Al-Amin Bank Bhd and RHB Investment Bank Bhd are the joint principal advisers, arrangers and lead managers for the sukuk programme. The Securities Commission Malaysia had approved the issuance of the proposed sukuk programme via a letter on January 31. .........................................Full Article: Source
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