MUDAJAYA UNIT TO IS­SUE RM245M GREEN SUKUK

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Mudajaya Group Bhd’s in­di­rect wholly-owned sub­sidiary Si­nar Kamiri Sdn Bhd (SKSB) pro­poses to is­sue the Sus­tain­able and Re­spon­si­ble In­vest­ment (SRI) Sukuk Wakalah to raise up to RM245 mil­lion. The group told Bursa Malaysia that SKSB had made the lodge­ment with the Se­cu­ri­ties Com­mis­sion Malaysia for the pro­posed is­suance. Pro­ceeds will be used to part fi­nance its pro­posed project for the de­vel­op­ment of a large scale so­lar pho­to­voltaic en­ergy gen­er­at­ing fa­cil­ity of 49MWac in Sun­gai Siput, Kuala Kangsar, Perak.

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