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Tuesday, June 18, 2024

Launch Partners

BGMC BRAS Power issues Sukuk Murabahah worth RM20 million (US$4.54 million) in total

MALAYSIA: BGMC BRAS Power has on the 6th April 2023 issued two Sukuk Murabahah facilities worth RM20 million (US$4.54 million) in total, according to separate Bond and Sukuk Information Exchange filings. Both facilities have a tenor of one year and a coupon rate of 7%.

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