BURSA ANNOUNCEMENTS

Date : 20 March 2019

OTHERS SUNWAY BERHAD ("SUNWAY") - ESTABLISHMENT OF AN ISLAMIC COMMERCIAL PAPERS AND/OR ISLAMIC MEDIUM TERM NOTES UNDER AN ISLAMIC COMMERCIAL PAPERS/ISLAMIC MEDIUM TERM NOTES PROGRAMME OF RM10.0 BILLION IN NOMINAL VALUE

SUNWAY BERHAD

Type Announcement
Subject OTHERS
Description
SUNWAY BERHAD ("SUNWAY")
- ESTABLISHMENT OF AN ISLAMIC COMMERCIAL PAPERS AND/OR ISLAMIC MEDIUM TERM NOTES UNDER AN ISLAMIC COMMERCIAL PAPERS/ISLAMIC MEDIUM TERM NOTES PROGRAMME OF RM10.0 BILLION IN NOMINAL VALUE

Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcement dated 29 January 2019 (Announcement).

 

We refer to our Announcement in relation to the Sukuk Programme.

 

The Board of Directors of Sunway is pleased to announce that on 20 March 2019, STSSB has successfully made its first Islamic Commercial Papers (ICPs) issuance of RM300.0 million under the Sukuk Programme following the fulfilment of all conditions precedent of the Sukuk Programme. The ICPs have been issued at a profit rate of 3.90% per annum subject to the terms of the ICPs.

 

The ICPs issued by STSSB will not have any impact on the share capital, net asset per share, earnings per share, or the substantial shareholding structure of Sunway Group.

 

This announcement is dated 20 March 2019.






Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 20 Mar 2019
Category General Announcement for PLC
Reference Number GA1-20032019-00106


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