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September 9, 2022
KUALA LUMPUR: edotco Group’s subsidiary, edotco Malaysia Sdn Bhd has successfully priced and issued its RM1.4 billion sukuk under its newly established Islamic Medium Term Notes Programme of up to RM3 billion (sukuk programme).
July 18, 2022
KUALA LUMPUR: IJM Corp Bhd, via its wholly-owned subsidiary, Fairview Valley Sdn Bhd has entered into a subscription agreement with CIMB Investment Bank Bhd and CIMB Islamic Bank Bhd for the inaugural RM360mil nominal value Sukuk Murabahah.
July 18, 2022
Petaling Jaya, 18 July 2022 - IJM Corporation Berhad ("IJM"), via its wholly-owned subsidiary, Fairview Valley Sdn Bhd ("Fairview Valley"), have today entered into a subscription agreement withCIMB Investment Bank Berhad and CIMB Islamic Bank Berhad (collectively "CIMB") for its proposed inaugural RM360.0 million nominal value Sukuk Murabahah to be issued under an Islamic Medium
December 11, 2021
KUALA LUMPUR: Engineering services company Serba Dinamik Holdings Bhd has been downgrade by S&P Global Ratings. The global rating agency downgraded Serba Dinamik to ‘D’ on the missed coupon payment of its sukuk.
July 26, 2021
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June 2, 2021
At least one broker is requiring investors to pay cash upfront to buy shares of Serba Dinamik Holdings Bhd. This means the standard practice of the T+2 settlement cycle will not apply for the oil and gas services company for the time being. A source from RHB Investment told StarBiz that Serba Dinamik securities are considered as high-risk. PETALING JAYA: After several rating downgrades and hitting limit-down for two consecutive days, at least one broker is requiring investors to pay cash upfron...
May 11, 2021
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April 5, 2021
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December 17, 2020
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December 14, 2020
SURUHANJAYA Perkhidmatan Air Negara (SPAN) is understood to have approved Air Selangor Sdn Bhd’s business plan, which entails the state-controlled entity undertaking a capital expenditure of RM35.4 billion over the next 30 years. It is understood that the business plan, which was submitted to SPAN in December last year, had to be revised recently in October to account for the Covid-19 pandemic, and was approved on Nov 13. Details of the revision, however, are not known. Some aspects of the ca...