Analyst: Improved liquidity profile seen from sukuk issuance

IS dividend on the cards for investors of MNRB Holdings Bhd following a restoration in its capital buffers?

This seems to be on the market’s mind following the company’s successful rights issuance in the second half of last year and with a proposed RM320mil sukuk murabahah programme issuance.

Note that the company did not mention any possibility of paying out dividends in its sukuk announcement on Jan 25 but at least one analyst is not discounting this possibility given the improved liquidity profile from the sukuk issuance.

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