Malaysia’s Mudajaya cancels sukuk program

By Rebecca Melvin

New York, Dec. 17 – Mudajaya Group Bhd. announced that the medium-term Islamic bond, or sukuk, program of wholly owned subsidiary Mudajaya Corp. Bhd. has been canceled, together with its commercial paper program, subject to a combined limit of up to RM 1 billion in nominal value, according to a company news release.

Mudajaya is a property developer based in Petaling Jaya, Malaysia.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.