KUALA LUMPUR: RAM Ratings expects quasi-government heavyweights, led by DanaInfra Nasional Bhd to increase its issuance of Islamic debt notes or sukuk significantly in 2018.

KUALA LUMPUR (Feb 21): Malaysia maintained its leadership as the world's largest sukuk issuer in 2017, accounting for US$36.5 billion (RM142.7 billion) of global sukuk issuance.

KUALA LUMPUR: Malaysia maintained its leadership as the world's largest sukuk issuer in 2017, accounting for US$36.5 billion (RM142.7 billion) of global sukuk issuance.

The MMC Corp Bhd-Gamuda Bhd and George Kent (M) Bhd (GKent) joint venture (JV) is potentially the strongest contender to undertake the proposed Mass Rapid Transit Line 3 (MRT3) project due to the experience and assets needed for the extensive tunnelling works required on the project, according to analysts.

PETALING JAYA: The MMC-Gamuda-George Kent joint venture (JV) is the top contender for the mass rapid transit 3 (MRT3) project, according to Hong Leong Investment Bank (HLIB) Research.

Mass Rapid Transit Corporation (MRT Corp) announced on Friday (19 January) that one Chinese joint venture and three Malaysian consortiums have submitted bids with proposed financing packages for building the MRT Circle Line (MRT Line 3) before the tender deadline last Thursday.