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DRB-HICOM plans RM500mln Sukuk

Mon, 2011-12-05 13:30 — newsdesk

It appears that RB-Hicom Bhd is planning to sell RM500mil of Islamic bonds to fund working capital and refinance debts.
The sukuk which pay returns from assets that comply with the religion’s ban on interest, was included in an existing RM1.8bil medium-term programme.

Source: 

http://www.opalesque.com/IslamicFinance_Briefing/?p=14450