164 KEYFIELD INTERNATIONAL BERHAD 202001038989 (1395310-M) NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (cont’d) 23. ISLAMIC MEDIUM TERM NOTES (“IMTN”) (CONT’D) The salient features of IMTNs are as follows:- First Issuance Tranche 1 Tranche 2 (i) Nominal Value (RM) 100,000,000 100,000,000 (ii) Issue Date 26 December 2024 26 December 2024 (iii) Maturity Date 24 December 2027 26 December 2029 (iv) Tenure 3 years 5 years (v) Mode of Issue for Sukuk Wakalah Bought deal Bought deal (vi) Periodic Distribution Rate (%) 4.85 4.98 (vii) Expected yield to maturity (%) 4.85 4.98 (viii) Issue Price (RM) 100,000,000 100,000,000 (ix) Distribution Period Semi-annual Semi-annual (c) The proceeds raised from the issuance of the Sukuk Wakalah shall be utilised to finance the issuer’s and/or its subsidiaries’ Shariah-compliant purposes which shall be as follows:- (i) investments and other general corporate purposes; (ii) capital expenditure; (iii) working capital requirements; (iv) refinancing of existing Islamic financing/conventional borrowings and/or future Islamic financing and/or Sukuk Wakalah issued under the Sukuk Wakalah programme, if applicable; and/or (v) to defray any fees, costs and expenses in relation to the establishment of the Sukuk Wakalah programme and issuance of Sukuk Wakalah under the Sukuk Wakalah programme.
RkJQdWJsaXNoZXIy NDgzMzc=