OTHERS UEM EDGENTA BERHAD ("UEMEd" OR "THE COMPANY") - ISSUANCE OF ISLAMIC COMMERCIAL PAPERS ("ICPs") UNDER AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC MEDIUM TERM NOTES PROGRAMME, HAVE A COMBINED AGGREGATE LIMIT OF UP TO RM1,000 MILLION IN NOMINAL VALUE AND A SUB-LIMIT OF RM300.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME, BOTH UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT)

UEM EDGENTA BERHAD

Type Announcement
Subject OTHERS
Description 
UEM EDGENTA BERHAD ("UEMEd" OR "THE COMPANY") 
- ISSUANCE OF ISLAMIC COMMERCIAL PAPERS ("ICPs") UNDER AN ISLAMIC COMMERCIAL PAPERS PROGRAMME ("ICP PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC MEDIUM TERM NOTES PROGRAMME, HAVE A COMBINED AGGREGATE LIMIT OF UP TO RM1,000 MILLION IN NOMINAL VALUE AND A SUB-LIMIT OF RM300.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME, BOTH UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT)

UEMEd is pleased to announce that it has successfully completed the issuance of RM50.0 million in nominal value of ICPs under the ICP Programme.

The ICPs were issued with a tenor of twelve (12) months.

The proceeds raised from the ICPs were utilised by UEMEd to redeem the outstanding ICPs amounting to RM50.0 million issued under the ICP Programme which has matured on 24 April 2020.

This announcement is dated 24 April 2020. 



Announcement Info

Company Name UEM EDGENTA BERHAD
Stock Name EDGENTA
Date Announced 24 Apr 2020
Category General Announcement for PLC
Reference Number GA1-22042020-00017