SDP’s RM800 Million Sukuk Oversubscribed By 6.74%

Quick Summary:

Sime Darby Property Berhad has announced the successful completion of the Group’s third Sukuk issuance under its Sukuk Musharakah Programme, with RM800 million in nominal value as part of its RM4.5 billion programme.Oversubscribed by 6.74 times, the issuance accumulated an order book valued at RM5.4 billion, surpassing expectations and signalling strong market confidence.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: Malaysia

Topics: SDP News Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 09:59:33 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28284454

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