OTHERS ISSUANCE OF RM400.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)
| UEM SUNRISE BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | ISSUANCE OF RM400.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) |
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UEM Sunrise Berhad (“UEMS”) wishes to announce that it has successfully completed its issuance of RM400.0 million in nominal value of IMTN (“New IMTNs”) under the IMTN Programme established in 2016.
The New IMTNs have a tenure of three (3) years and five (5) years, and will mature on 16 February 2024 and 16 February 2026, respectively. The proceeds from the new IMTNs will be utilised for UEMS’ Shariah-compliant general corporate purposes.
This announcement is dated 18 February 2021. |
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Announcement Info
| Company Name | UEM SUNRISE BERHAD |
| Stock Name | UEMS |
| Date Announced | 18 Feb 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17022021-00111 |