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Published on 5/23/2008 in the Prospect News Emerging Markets Daily.

Malaysia's Muhibbah planned 130 million ringgit sukuk with warrants approved by Securities Commission

By Aaron Hochman-Zimmerman

New York, May 23 - Muhibbah Engineering Bhd. planned 130 million ringgit sukuk with detachable warrants was approved by the Malaysian Securities Commission, according to a press release.

The deal is expected to come with 38 million warrants.

Muhibbah is a Selangor, Malaysia-based construction firm.


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