Bursa Announcements

Date : 25 February 2016

OTHERS PROPOSED ISSUANCE OF ISLAMIC COMMERCIAL PAPERS (ICP) PURSUANT TO AN ICP PROGRAMME WITH A LIMIT OF UP TO RM300.0 MILLION IN NOMINAL VALUE AND PROPOSED ISSUANCE OF ISLAMIC MEDIUM TERM NOTES (IMTN) PURSUANT TO AN IMTN PROGRAMME WITH A LIMIT OF UP TO RM1,000.0 MILLION IN NOMINAL VALUE, UNDER A COMBINED MASTER LIMIT OF UP TO RM1,000.0 MILLION IN NOMINAL VALUE, BASED ON THE ISLAMIC PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT) (COLLECTIVELY,THE "SUKUK PROGRAMMES")

AEON CO. (M) BHD

Type Announcement
Subject OTHERS
Description
PROPOSED ISSUANCE OF ISLAMIC COMMERCIAL PAPERS (ICP) PURSUANT TO AN ICP PROGRAMME WITH A LIMIT OF UP TO RM300.0 MILLION IN NOMINAL VALUE AND PROPOSED ISSUANCE OF ISLAMIC MEDIUM TERM NOTES (IMTN) PURSUANT TO AN IMTN PROGRAMME WITH A LIMIT OF UP TO RM1,000.0 MILLION IN NOMINAL VALUE, UNDER A COMBINED MASTER LIMIT OF UP TO RM1,000.0 MILLION IN NOMINAL VALUE, BASED ON THE ISLAMIC PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT) (COLLECTIVELY,THE "SUKUK PROGRAMMES")

On behalf of AEON CO. (M) BHD. (AEON), Maybank Investment Bank Berhad (Maybank IB) had on 24 February 2016 lodged with Securities Commission Malaysia all 
required information and relevant documents relating to the Sukuk Programmes pursuant to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch 
Framework effective from 15 June 2015.

The Sukuk Programmes will give AEON the flexibility to raise funds via the issuance of ICPs or IMTNs from time to time and that the proceeds from the issuance of ICPs
or IMTNs shall be utilised for the following Shariah-compliant purposes:

(i) to finance capital expenditure and/or working capital purposes;

(ii) to finance expansion and/ or acquisition purposes;

(iii) to refinance existing Islamic financing and/or borrowings (whether in whole or in part); and

(iv) to defray expenses in setting up the Sukuk Programmes.

The Islamic Commercial Papers Programme ("ICP Programme") has been assigned an indicative rating of P1 and the Islamic Medium Term Notes Programme ("IMTN Programme") has been assigned an indicative rating of AA2 by RAM Rating Services Berhad.

Maybank IB is the Principal Adviser, Lead Arranger and Lead Manager for the Sukuk Programmes.

This announcement is dated 25 February 2016.






Announcement Info

Company Name AEON CO. (M) BHD
Stock Name AEON
Date Announced 25 Feb 2016
Category General Announcement for PLC
Reference Number GA1-25022016-00060


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