Showing posts with label westports malaysia. Show all posts
Showing posts with label westports malaysia. Show all posts

Friday, July 01, 2011

MALAYSIA - CAPITAL MARKETS - Sarawak Energy plans Sukuk issue - also Westports Malaysia has plans

REPUBLIKA.CO.ID, KUALA LUMPUR, Malaysia - Sarawak Energy Bhd, a Malaysian power company, back plans to issue sukuk worth 3 billion ringgit or one million dollars. Some time ago, the company has issued their first sukuk worth 15 billion ringgit.
In the description of local officials as reported by The Star last weekend, sukuk issuance will be a few times. The first stage, Sarawak Energy will issue a sukuk worth 500 million ringgit with a tenor of five years and a coupon of 4.4 percent per year. (source)