OTHERS ISSUANCE OF RM105.0 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 RM105.0 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 RM105.0 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 1 day and will mature on 19 May 2021. The proceeds from the New IMTNs will be utilised for UEMS’ Shariah-compliant general corporate purposes.

This announcement is dated 18 May 2020.



Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 18 May 2020
Category General Announcement for PLC
Reference Number GA1-18052020-00030