OTHERS ISSUANCE OF ISLAMIC COMMERCIAL PAPERS ("ICPs") PURSUANT TO AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC MEDIUM TERM NOTES PROGRAMME SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)

UEM SUNRISE BERHAD

Type Announcement
Subject OTHERS
Description 
ISSUANCE OF ISLAMIC COMMERCIAL PAPERS ("ICPs") PURSUANT TO AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC MEDIUM TERM NOTES PROGRAMME SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)

UEM Sunrise Berhad (“UEMS”) wishes to announce that it has successfully completed its issuance of RM100.0 million in nominal value of ICPs under the ICP Programme.

The ICPs have a tenure of three (3) months and will be utilised to redeem the outstanding ICPs amounting to RM100.0 million under the said ICP Programme which were issued on 8 February 2017 and maturing on 8 May 2017.

This announcement is dated 8 May 2017.





Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 08 May 2017
Category General Announcement for PLC
Reference Number GA1-05052017-00078