PETALING JAYA: Sunsuria Bhd has proposed to issue Islamic bonds of up to RM500mil to raise funds for capital expenditure and working capital.
The property developer told Bursa Malaysia that it has submitted the sukuk wakalah programme to the Securities Commission.
“The tenure of the programme shall be up to 30 years from the date of first issuance of the sukuk wakalah, ” it said.
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