EcoWorld Raises RM800mil from First Perpetual Sukuk Issuance
KUALA LUMPUR: Eco World Development Group Bhd’s unit, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2 billion. Guaranteed by EcoWorld, the programme has been assigned a final credit rating of A IS(CG) with a stable outlook by MARC Ratings Bhd. In its first issuance, the company successfully raised RM800 million, comprising two tranches: RM550 million non-callable for seven years and RM250 million non-callable for 10 years. Proceeds will be used for working capital, investments, acquisitions, refinancing, and other Shariah-compliant corporate purposes.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Eco World reported stronger 1HFY26 earnings driven by industrial land sales, while robust new sales…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is pleased to announce an exciting collaboration…
RICOH Malaysia unveiled AI and automation solutions designed to improve operational efficiency, workflow intelligence, and…
Singapore, June 18, 2026 — Federal Express Corporation, one of the world’s largest express transportation…
Malaysia faces critical challenges like rising costs and political instability while pursuing a future of…
Malaysia has jumped eight spots to rank 15th in the 2026 IMD World Competitiveness Ranking,…
This website uses cookies.