Page 2 - Sukuk Framework News Today

The Securities Commission Malaysia (SC) has launched a new sukuk framework to facilitate fundraising by companies in addressing sustainability concerns such as climate change or social agenda, with features that relate to the issuer’s sustainability performance commitments.

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) wholly-owned subsidiary TNB Power Generation Sdn Bhd (TPGSB) has issued RM1.5 billion worth of Sustainability Sukuk Wakalah under its Islamic medium-term notes programme of up to RM10 billion in nominal value.

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) wholly-owned subsidiary, TNB Power Generation Sdn Bhd (TPGSB) had lodged a Sukuk Wakalah Programme of up to RM10 billion with the Securities Commission Malaysia.

Cenergi SEA Bhd has successfully issued its inaugural RM210 million Senior Islamic Medium-Term Notes, which would enable it to effectively manage and optimise its cash flow, grow its business and support the government's aspiration in the enhancement of the renewable energy (RE) sector.

UOB Malaysia's U-Energy is Asia's first integrated finance platform, to promote the adoption and development of energy efficiency projects.

KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has assigned a “Gold” sustainability Sukuk assessment to UEM Sunrise Bhd’s (UEMS) sustainability Sukuk framework.

<p><span>The Securities Commission Malaysia (SC) today expanded its Green SRI Sukuk Grant Scheme to encourage more companies to finance green, social and sustainability projects through SRI sukuk and bonds issuance. </span></p>