KUALA LUMPUR: DRB-Hicom Bhd has proposed to issue up to RM2bil perpetual Sukuk, of which the proceeds are mainly to fund car maker Proton Holding Bhd’s working capital and development expenditure.
Malaysian Rating Corporation Bhd (MARC) had on Monday assigned a preliminary rating of AIS to the proposed perpetual Sukuk Musharakah programme.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!