KUALA LUMPUR: Mah Sing Group Bhd
has completed an issuance of secured and unrated Sukuk Murabahah of RM300mil in nominal value under its existing programme.
In a filing with Bursa Malaysia yesterday, the developer said the Sukuk Murabahah has a tenure of five years and carries a fixed profit rate of 4.90% per annum payable semi-annually.
The Sukuk Murabahah is secured by assets owned by the company’s subsidiaries and certain designated accounts.
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