By Marisa Wong
Morgantown, W.Va., May 23 – UEM Sunrise Bhd. announced it issued RM 100 million of Islamic medium-term notes on Wednesday.
The 366-day notes have a profit rate of 4.62%.
The notes were issued under the company’s up to RM 2 billion sukuk program established in 2016.
UEM Sunrise is a property developer based in Kuala Lumpur.
| Issuer: | UEM Sunrise Bhd.
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| Issue: | Islamic medium-term notes
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| Amount: | RM 100 million
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| Maturity: | May 24, 2019
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| Profit rate: | 4.62%
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| Settlement date: | May 23
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