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TH Heavy Engineering's RM170m sukuk plan

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TH Heavy Engineering's RM170m sukuk plan Empty TH Heavy Engineering's RM170m sukuk plan

Post by Cals Fri 06 Sep 2013, 08:53

Published: Friday September 6, 2013 MYT 12:00:00 AM 
Updated: Friday September 6, 2013 MYT 8:29:31 AM

TH Heavy Engineering's RM170m sukuk plan

KUALA LUMPUR: TH Heavy Engineering Bhd has proposed to establish a non-rated sukuk murabahah of up to RM170mil.
In a filing with Bursa Malaysia, TH Heavy said it has mandated MIDF Amanah Investment Bank Bhd to act as the principal adviser and MIDF Amanah Investment and Hong Leong Islamic Bank Bhd to act as joint lead arranger and joint lead manager. TH Heavy said the Securities Commission has authorised the sukuk murabahah via its letter dated Sept 4, which was received yesterday. – Bernama
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