Perangsang Capital to raise up to RM500mil

TheStar Tue, Dec 11, 2018 08:31am - 5 years View Original


Kumpulan Perangsang Selangor, in a filing with the stock exchange, said Perangsang Capital Sdn Bhd, had made a lodgement to the Securities Commission for the setting up of the programme under the syariah principle of murabahah.

Kumpulan Perangsang Selangor, in a filing with the stock exchange, said Perangsang Capital Sdn Bhd, had made a lodgement to the Securities Commission for the setting up of the programme under the syariah principle of murabahah.

PETALING JAYA: A unit of Kumpulan Perangsang Selangor Bhd has proposed to set up an unrated Islamic medium-term notes programme of up to RM500mil in nominal value.

The group, in a filing with the stock exchange, said Perangsang Capital Sdn Bhd, had made a lodgement to the Securities Commission for the setting up of the programme under the syariah principle of murabahah.

It has a tenure of up to 15 years from the date of the issuance.

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