08.02.2013 - DanaInfra retail sukuk to have reference price of RM100
DanaInfra Nasional Bhd's RM300 million exchange traded bonds and sukuk (ETBS) will have a reference price of RM100 when listed tomorrow. Business Times learnt that DanaInfra's maiden retail sukuk will have an upper trading limit of RM110 and lower limit of RM90. Under the new salient features of ETBS, if the reference price is RM1 or above, the trading limit will be 10 per cent (upwards or downwards), and if the reference price is below RM1, then the trading limit is 10 sen (up or down)...............................................Full Article: Source
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