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Malaysia’s Mah Sing sets up RM 1 billion perpetual securities program
By Marisa Wong
Morgantown, W.Va., March 6 – Malaysia’s Mah Sing Group Bhd. established an up to RM 1 billion senior perpetual securities program on March 3, according to a Bursa Malaysia announcement.
The company expects to issue an initial tranche totaling RM 650 million by the end of March.
CIMB Investment Bank Bhd. is the lead arranger and lead manager for the perpetual securities program.
Mah Sing is a Kuala Lumpur-based real estate developer and plastic products manufacturer.
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