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Prospect News home > News index > List of issuers M > Headlines for Malaysia Building Society Bhd. > News item
Published on 10/28/2013 in the Prospect News Emerging Markets Daily.

Malaysia Building Society to launch up to RM 7 billion sukuk programs

By Marisa Wong

Madison, Wis., Oct. 28 - Malaysia Building Society Bhd. is proposing to establish a 15-year structured covered sukuk program of up to RM 3 billion, according to a Bursa Malaysia announcement.

In addition, the company's wholly owned subsidiary, Jana Kapital Sdn. Bhd., plans to set up a 16-year sukuk program of up to RM 4 billion.

The Securities Commission Malaysia approved the sukuk programs on Oct. 25.


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