News Coverage
News Coverage
DanaInfra to Issue Second Retail Sukuk of RM100mil
The Star Online, 18 October 2013
KUALA LUMPUR: DanaInfra Nasional Bhd would be offering its second issuance of DanaInfra Retail Sukuk or Exchange Traded Bonds and Sukuk (ETBS).
In a statement on Friday, DanaInfra said the retail sukuk would be offered with a nominal value of up to RM100mil and a tenure of 15 years with minimum indicative profit rate of 4.5%.
“However, the actual profit rate is to be announced on the opening date which is scheduled on Oct 24.
“The offer will be opened until Nov 15 while listing and commencement of trading is expected to be on Nov 28,” it said.
It added the latest issuance is part of DanaInfra’s third series IMTN programme to finance the Mass Rapid Transit Project Sungai Buloh-Kajang line.
The DanaInfra Retail Sukuk was first launched in early January this year as Malaysia’s first sukuk offered to the retail investors.