OTHERS ISSUANCE OF RM130.0 MILLION ISLAMIC MEDIUM TERM NOTES ("IMTNs") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPER PROGRAMME ("ICP 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 A TAWARRUQ ARRANGEMENT)

UEM SUNRISE BERHAD

Type Announcement
Subject OTHERS
Description 
ISSUANCE OF RM130.0 MILLION ISLAMIC MEDIUM TERM NOTES ("IMTNs") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPER PROGRAMME ("ICP 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 A TAWARRUQ ARRANGEMENT)

UEM Sunrise Berhad (“UEMS”) wishes to announce that it has successfully completed its issuance of RM130.0 million in nominal value of IMTNs under the IMTN Programme established in 2012 (“New IMTNs”).

The New IMTNs have a tenure of 1 year and 3 days and will mature on 3 May 2021. The proceeds from the New IMTNs will be utilised for UEMS’ Shariah-compliant general corporate purposes.

This announcement is dated 30 April 2020.



Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 30 Apr 2020
Category General Announcement for PLC
Reference Number GA1-30042020-00081