DanaInfra's Retail Sukuk Oversubscribed

Business Times, 20 November 2013

Danainfra Nasional Bhd's second issuance of retail sukuk of up to RM100 million has been oversubscribed and allocation of units to successful applicants has been completed.

In a statement yesterday, Malaysian Issuing House Sdn Bhd said a total of 603 applications representing RM219.013 million in value were received from the Malaysian public.

This represented a subscription rate of 219 per cent for the retail sukuk offering.

It said all notices of allotment for successful applicants would be mailed on or before Nov 27.

The participating financial institutions for the retail sukuk are AmBank Group, CIMB Group, Maybank, and RHB Banking Group - Bernama