Mah Sing Completes Islamic Debt Issue Worth MYR350 Million

MT Newswires Live

2025/05/01

Mah Sing Group (KLSE:MAHSING) completed an issuance of secured and unrated Sukuk Murabahah of 350 million ringgit in nominal value, under the company's existing Sukuk Murabahah Program.

The debt issue has a tenure of five years and carries an annual fixed profit rate of 4.45%, payable semi-annually, according to a Wednesday Malaysian bourse filing.

Proceeds will be utilised for Shariah-compliant purposes, including landbanking, capital expenditures, investments and as working capital.

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