PROPERTY developer LBS Bina Group Bhd
has attained AA-IS rating for its sukuk wakalah programme with a “stable” outlook from MARC Ratings Bhd – marking a historic milestone for the company.
This achievement underscores the group’s dedication to efficiency and opens avenues for significant cost reductions.
The successful first tranche issuance of the inaugural tranche of Asean Social SRI Sukuk Wakalah of RM200mil signifies the commencement of LBS Bina’s RM750mil sukuk wakalah programme.
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