AEON Credit Service (M) (KLSE:AEONCR) issued 600 million ringgit in senior sukuk under its sukuk program on Thursday, according to a same-day Malaysian bourse filing.
Shares gained nearly 3% in Friday's late-morning trade.
The issuance has a tenure of seven years. Proceeds will be used for consumer financing based on Shariah principles and to refinance existing loans or sukuk.