Malaysia's PLUS Expressways issues RM 745 million more Islamic notes

By Jennifer Chiou

New York, March 11 - PLUS Expressways Bhd. said it issued another RM 745 million of Islamic medium-term bonds through an independent special purpose company, PLUS SPV Bhd.

The size had been increased to RM 745 million from RM 400 million under its sukuk program for up to RM 4 billion of bonds.

Kuala Lumpur-based PLUS is a Malaysia-based investment holding company engaged in the provision of expressway operation services.

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